Restore PBS confidence -MA
September 15, 2011
MEDICINES Australia is calling on
the government to address its
recent “missteps” with the PBS,
and in doing so build consumer and
industry confidence in its
healthcare reform management.
Speaking yesterday at the annual
eyeforpharma Sales and Marketing
Excellence Conference, Medicines
Australia Chief Executive Dr
Brendan Shaw told attendees that
the government has no need to
delay or block listing new
medicines on the PBS.
“The PBS is sustainable once the
Government takes into account its
own forecasts of modest PBS
growth and the headroom being
created for new medicines through
price disclosure savings and patent
expiries,” he said.
Illustrating his point, Shaw said
that patents for 11 of the top 20
medicines worldwide are set to
expire shortly, whilst the
introduction of price disclosure
means that the market is already
enjoying “significant price
reductions”.
The government is already
reaping the rewards of greater
competition in the medicines
marketplace, he added.
“[The] Government should be
talking up its capacity to deliver the
latest innovative medicines for
Australians, not holding them
back,” Shaw said.
“Spending on new medicines
generates savings in the health
system and they are an important
investment in Australians’ quality
of life,” he added.
Shaw claimed the govt had “heard
the message” that uncertainty in
medicines listing is universally
opposed by health professionals,
the community and industry.
“It’s time the Government
restored the usual practice for PBS
listings,” he added.
The above article was sent to subscribers in Pharmacy Daily's issue from 15 Sep 11To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 15 Sep 11
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