Posted by Michael Wonder on 10 Apr 2024
Making tender decisions: how does PHARMAC allocate its fixed budget?
10 April 2024 - The annual tender is one of several mechanisms PHARMAC uses to manage how much New Zealand spends on medicines.
As PHARMAC works within a fixed budget set by the Government, the annual tender is a key process to help us keep up with the increasing demand for medicines we already fund and secure future supply.
