PBS

More PBS disappointment

INDUSTRY members are up in arms over the Federal Government’s decision to reject the Senate Committee’s recommendation to reinstate the ‘$10 million rule’. “This was the government’s opportunity to shut down the deferral issue once and for all,” CE of AstraZeneca Australia, Mark Fladrich told media. The $10 million rule basically meant that drugs which had received a positive recommendation by an independent committee for PBS listing and which would cost less than $10 million per annum, could bypass the Cabinet approval process. The Senate inquiry kicked-off after the Government’...

The above snippet is the first part of an article sent to subscribers in Pharmacy Daily's issue from 14 Aug 12

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