Landmark funding and long-term certainty for innovative medicines for Australian patients, the community and the economy

Medicines Australia

6 October 2020 - Medicines Australia welcomes the Federal Government’s landmark step to introduce a guaranteed PBS new medicines funding commitment within the 2020 Budget – heralding a new chapter of greater certainty for Australian patients in accessing new, innovative medicines.

The new medicines funding guarantee, worth at least $2.8 billion over 4 years, starts immediately and removes the requirement for cost offsets for new medicine listings on the PBS.

Read Medicines Australia press release

Michael Wonder

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Michael Wonder

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Medicine , Australia , Funding