Medicines Australia plea: no more PBS cuts
Hundreds of high-wage, high-skill jobs in Australia's A$18.0-billion ($11.89 billion) pharmaceutical industry are under threat from the global economic crisis, trade group Medicines Australia's chief executive, Ian Chalmers, has warned.
He pointed out that the government could protect jobs and encourage foreign investment in Australia's drug industry by ensuring there were no further cuts to the Pharmaceutical Benefits Scheme, and by implementing key industry support measures.
Pharma second-biggest exporter
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