New Zealand’s Pharmaceutical Management Agency PHARMAC has announced the approval of an agreement with Bayer New Zealand, the local subsidiary of German pharma major Bayer (BAYN: DE) for the listing and supply of Jadelle (levonorgestrel 2 x 75 mg rods). This was the subject of a consultation letter dated August 29, 2014.
Jadelle will continue to be listed in Section B and Part II of Section H of the Pharmaceutical Schedule at the following price and subsidy (ex-manufacturer, excluding GST). The product will be priced at NZ133.65 ($105.48).
Jadelle will be the sole subsidized hormonal long-acting reversible contraceptive in the progesterone-only contraceptives, Contraceptives – Hormonal sub-group on the Genito-Urinary System of Section B and Part II of Section H of the Pharmaceutical schedule from October 1, 2014 until December 31, 2017.
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