UK faces £50 billion economic hit due to spiralling medicines levy

12 October 2023 - A year on from the publication of analysis, which found that excessive double digit UK rebates ...

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‘A global outlier’: how drug firms are fighting back against UK tax increases

13 April 2023 - With the UK tax on net sales of branded medicines quadrupling over the past three years, medicine ...

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Biden calls for tax on the wealthy to extend Medicare funding

8 March 2023 - President Joe Biden this week called for higher taxes on wealthy Americans to extend Medicare funding as ...

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The cruellest tax: clipping the ticket on unfunded cancer drugs

28 November 2022 - Jo McKenzie-McLean’s life was turned upside down after a stage 4 bowel cancer diagnosis. ...

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Quebec to impose health tax on unvaccinated Canadians

12 January 2022 - The Canadian province of Quebec will charge a health tax to residents who are not vaccinated ...

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Paying tax on unfunded cancer medication outrageous, says Nelson patient

7 February 2020 - A Nelson man with a rare cancer is concerned the Government is taking millions of dollars ...

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Proposed changes to research and development tax incentive will discourage investment and undermine innovation

6 December 2019 - Medicines Australia is disappointed that proposed changes to the Research and Development Tax Incentive were tabled ...

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Taxpayers are funding expensive drug development, report says

10 May 2019 - The Dutch government invests tens of millions of euros every year in small biotech companies which ...

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Medicines Australia welcomes ALP R&D investment pledge

8 May 2019 - Medicines Australia welcomes today’s announcement from the Australian Labor Party to reform the Research and Development ...

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VAT cut on ‘orphan drugs’ will lift healthcare burden, but many still struggle to afford medication

24 March 2019 - China has reduced value-added tax (VAT) by 3% on 21 orphan drugs and four active pharmaceutical ingredients ...

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Pharma companies avoid estimated $215m a year in local tax: Oxfam

18 September 2018 - Pharmaceutical companies behind some of Australia’s best-known brands avoided an estimated $215 million a year in ...

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Survey shows public support for NHS tax rise

5 July 2018 - The vast majority of the public would be willing to accept tax increases to secure significant ...

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Tax rises on the horizon for NHS budget hike

19 June 2018 - Prime Minister Theresa May has confirmed that tax rises will be necessary to help fund the ...

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Medical research caught in cross-fire of R&D tax overhaul

9 April 2018 - Industry commercialising medical research caught in cross-fire of R&D tax overhaul. ...

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AusBiotech says plan to disadvantage life sciences innovation

6 February 2018 - Response to Innovation and Science Australia 2030 plan. ...

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