New Zealand proposal to amend the listing of some respiratory products

26 January 2016

New Zealand’s Pharmaceutical Management Agency, PHARMAC, is seeking feedback on a proposal to amend the listing of some respiratory products. The proposal is a result of provisional amendments to existing listing agreements with the local units of pharma majors Novartis (NOVN: VX) and AstraZeneca (LSE: AZN).

In summary, from March 1, 2016, this proposal would result in:

The Special Authority relating to glycopyrronium powder for inhalation 50mcg per dose (Seebri Breezhaler) being removed (an endorsement that the patient had been diagnosed with COPD by spirometry would be required);
A reduction in the ex-manufacturer price of Novartis’ combination glycopyrronium with indacaterol (Ultibro Breezhaler)
Reductions in the ex-manufacturer prices of AstraZeneca’s budesonide with formoterol combination inhalers (Symbicort turbuhaler).

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK