Tomorrow will see the Federal Budget handed down by a struggling minority government in an election year and in an atmosphere charged with dire predictions of revenue shortfalls and calls for generic prices on the PBS to be cut. What is pharma hoping for » more
Bayer to file prostate cancer Xofigo - Pharma major intends to bring
radiation drug to Australia following FDA approval; Phebra nabs
manufacturing licence - TGA approves licence for Sydney sterile
manufacturing plant; Prima cashes up for trials - Board asks for
shareholder approval to raise cash to further develop cancer flagship
In a last minute plea for the government to leave the PBS alone in tomorrow's Budget, Generic Medicines Industry Association CEO, Kate Lynch has described the sector as reeling in the wake of PBS reforms
AstraZeneca has been successful in defending two out of three patents on
Nexium against an assault from Ranbaxy meaning that, barring
appeals, the drug appears safe until 2015
Sigma is actively pursuing the buying up of some 15 additional pharmacies to
boost growth and reduce the impact of continuing PBS cuts, it emerged after
the company's AGM in Melbourne last week
Consumers Health Forum CEO, Carol Bennett has used the findings of a Senate inquiry into PBS chemotherapy arrangements to continue her attack on the Fifth Community Pharmacy Agreement and the Pharmacy Guild
Debate over which side of the Tasman gets the better drug deal continues with
Medicines New Zealand saying patients in Australia had access to almost 100
new medicines in 2012 that were not publicly funded in its home country
HPV vaccines, including Gardasil, will be sold to the developing world
at five per cent of their cost in high-income countries following an agreement
between Merck, GSK and the Global Alliance for Vaccines and Immunisations
The pharma industry will be both pleased and perhaps a little nervous that the PBS has flown under the Budget radar so far in terms of speculation on significant change that will affect revenues but that doesn't mean such changes are not possible in an 'all bets are off' atmosphere
» full report
