New Zealand’s Pharmaceutical Management Agency PHARMAC is seeking feedback on a proposal relating to the funding of the TNF-inhibitor medicines adalimumab (Humira), from AbbVie (NYSE: ABBV), and etanercept (Enbrel), from Pfizer (NYSE: PFE) both used to treat people with various autoimmune and immune-mediated conditions, and gabapentin (Neurontin), also from Pfizer, used to treat epilepsy and neuropathic pain.
The effect of the proposal would be to make the funding of the TNF-inhibitor treatments and Neurontin more cost-effective and to create savings of more than A$20 million ($14.8 million) over five years that would enable PHARMAC to deliver greater health outcomes from available pharmaceutical funding.
In summary the proposal is to:
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