New Zealand’s Pharmaceutical Management Agency (Pharmac) has just released its Options for Investment (OFI) list, which includes 36 new medicines since it was updated in July 2021. The OFI includes all medicines that Pharmac would fund if its budget allowed.
Commenting on the OFI, Malcolm Mulholland, chairman of Patient Voice Aotearoa (PVA), said: “We have known for years that there is a medicine crisis in New Zealand. The addition of a whopping 36 medicines to Pharmac’s painfully long medicines waitlist in less than a year shows that the crisis has significantly worsened.”
The updated OFI includes 128 applications that cover 78 medicines and vaccines. The oldest funding application is for the EpiPen, which was first applied for 25 years ago. The average waiting time for medicines on Pharmac’s list is five years.
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