Mixed views on Grattan Institute report on drug price cuts impact in Australia
The Grattan Institute has published an updated report on Australia’s drug pricing, which has been applauded by Health Minister Peter Dutton, but not by the generics sector.
Highlighting the 50.06% price cuts that were the result of price disclosure rules introduced in 2007 by the then Howard government, Mr Dutton said this has so far saved the Pharmaceutical Benefits Scheme (PBS) A$5 billion ($4.57 billion).
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