New Zealand proposal to amend the listing of some respiratory products
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).
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