New money leads to leap in availability of medicines to New Zealanders
A boost of NZ$40 million ($29.8 million) in government pharmaceutical spending has led to a significant rise in the number of medicines available to New Zealanders, and the number of people receiving them.
The Pharmaceutical Management Agency of New Zealand, PHARMAC’s 2009/10 Annual Report, released yesterday, shows that PHARMAC funded 20 new medicines and widened access to a further 25 in the year to 30 June 2010, benefiting around 150,000 patients annually. The 45 new investments in medicines in the same period is the highest number of new investments PHARMAC has made in a financial year for over a decade.
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