A$5 billion worth of drugs have gained PBS listing in Australia since 2007

24 June 2013

The Labour government in Australia has approved the listing of over A$5 billion ($4.6 billion) worth of new drugs and vaccines since 2007, according to a statement from the country’s Health Minister, Tanya Plibersek, issued over the weekend.

To date in 2012-13, the government has listed 70 new Pharmaceutical Benefits Schedule (PBS) medicines or extensions to existing PBS listed medicines with a total value of over A$780 million over five years.

Just last month, the trade group Medicines Australia launched its 2013 Federal Election document, calling on all sides of politics to fix deficiencies in the PBS and restore confidence in the process that makes new medicines available to patients (The Pharma Letter May 27).

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