1 August 2018 - A former Labour cabinet minister has been installed as the chairman of the drug-buying agency PHARMAC, with Health Minister David Clark saying it was time to refresh the leadership.

Clark announced the appointment of Steve Maharey as the new chairman, replacing Stuart McLauchlan who held the position for almost eight years.

Maharey, who moved into academia after his retirement from politics in 2008, is also a former vice-chancellor of Massey University.

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