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Extra money for medicines a good start – Pippa Mackay

 

Amanda Cameron

The industry association representing pharmaceutical companies has welcomed a large increase in the government budget available for subsidised medicines.

The Government today announced it would spend an extra $185.7 million over four years on subsidised medicines, including $46.9 million for Herceptin and associated costs.

The Researched Medicines Industry Association (RMI) is delighted with the new money and grateful the Government is explicitly recognising the value of pharmaceuticals for New Zealanders, chair Pippa MacKay says.

"It's obviously a good start," Dr MacKay says.

New Zealand lagging behind

However, Dr MacKay concedes the RMI was expecting more money for pharmaceutical than was announced today.

New Zealand is such a long way behind Australia in terms of subsidised medicines that much more money is needed to close the gap, she says.

More measures needed

However, steps could be taken to free up money within the current budget to spend on innovative medicines, Dr MacKay says.

For example, there are medicines that are cheap to buy at the supermarket, such as aspirin and paracetamol, that could be cut from the funded medicines list.

Pharmac could also stick to funding the prioritised list of medicines recommended by its clinical assessment committee (PTAC).

The RMI also believes the Government should raise the copayment on cheap over-the-counter medicines, but realises such a move would be unpopular with the voting public, Dr MacKay says.

 
 
 
 
 





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