4 May 2016 - Medicines New Zealand is pleased that the New Zealand Government has today announced a $124 million increase over four years for investment in new medicines.

“New Zealanders have been waiting for 81 medicines recommended by PHARMAC’s pharmacology technical advisory committee (PTAC) for up to twelve years and it is pleasing that the Government is addressing this” said Hon Heather Roy, Medicines New Zealand Chair.

It is also encouraging that District Health Board (DHBs) are recognising these cost-savings delivered by medicines by adding $11 million to PHARMAC’s annual budget for the next year.

For more details, go to: http://www.medicinesnz.co.nz/news/media-releases/124-million-increase-over-four-years-for-investment-in-new-medicines/