PHARMAC confirms their new way of contracting for medicines

PHARMAC

7 October 2020 - PHARMAC is standardising the way medicines are contracted, providing better support to health care professionals when they are prescribing medicines for their patients.

Previously PHARMAC awarded Sole Supply Status for community medicines and Hospital Supply Status for DHB hospital medicines. 

Principal Supply Status will mean that the contract will be awarded to the main brand funded in the community and/or bought by DHB hospitals, and there would be an allowance for a certain volume of other brands to also be funded.

Read PHARMAC press release

Michael Wonder

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Michael Wonder

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Medicine , New Zealand , Process , Funding