AstraZeneca and Pfizer drugs reimbursed in Australia

3 December 2018

The Australian government will list new medicines for severe asthma and growth hormone deficiency on its Pharmaceutical Benefits Scheme (PBS).

Fasenra (benralizumab), a new treatment option from Anglo-Swedish pharma major AstraZeneca (LSE: AZN) for uncontrolled severe eosinophilic asthma, will be available to around 670 Australians.

This would otherwise cost more than A$21,000 ($15,500) per year of treatment, yet with the PBS subsidy, patients will pay A$39.50 per script or just A$6.40 a script for concessional patients.

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