New Zealand’s Pharmaceutical Management Agency PHARMAC has announced a decision to fund nivolumab (trade name Opdivo), from US pharma major Bristol-Myers Squibb (NYSE: BMY), for patients with unresectable or metastatic (stage III or IV) melanoma (advanced melanoma) from July 1, 2016.
Also, PHARMAC has now reached a commercially favorable provisional agreement with Merck Sharpe and Dohme (New Zealand), the local subsidiary of US pharma giant Merck & Co (NYSE: MRK), for the supply of Keytruda (pembrolizumab).
The Agency is seeking feedback on a proposal to:
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