Guild Update 6 Sep 16 : Manage stock ahead of 1 October
September 6, 2016
THE 1 October PBS Price
Disclosure reductions represent
the first Price Disclosure cycle
that will incorporate the removal
of originator brands from the
calculation. As the originator
is less likely to offer the same
level of trading term discount
as generics, the exclusion of
the originator results in a lower
average price for the drug and
therefore a more substantial
price reduction.
As always, Guild members are
advised to carefully manage
stock holdings of affected
products in the lead up to the
reduction. As 1 October is a
Saturday, for some pharmacies
this may affect their ability to
receive deliveries immediately
following the reduction.
The Guild recommends that
members discuss with their
wholesaler/supplier about
pre-1 October ordering, pricing
arrangements and access to
deliveries.The above article was sent to subscribers in Pharmacy Daily's issue from 06 Sep 16 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 06 Sep 16
THE Pharmacy Guild of Australia has formally expressed its concerns regarding the potential merger between Sigma and Chemist Warehouse (PD 07 Dec 2023) to the Australian Competition and Consumer Commission (ACCC).
FROM 01 May, pharmacists will be able to dispense Verzenio (abemaciclib) through the PBS to treat Australian patients with an invasive form of early breast cancer that is at high risk of recurring after initial treatment.
BREAST Cancer Network Australia (BCNA) has welcomed a PBAC recommendation to subsidise the breast cancer drug Enhertu (trastuzumab deruxtecan) for HER2-low metastatic breast cancer on the PBS.
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