Wednesday, February 23, 2011

"Dramatic changes" set for Australian pharma

The Australian pharmaceutical industry landscape is set to change dramatically as a result of government changes to the Pharmaceutical Benefits Scheme (PBS), says a new report.

Following Parliamentary approval last November of the National Health Amendment (Pharmaceutical Benefits Scheme) Bill of 2010, which aims to make savings of around A$1.9 billion over five years, the outlook for the future includes withdrawn products, a struggling generics industry and reorganisation within the wholesaling sector, warns the study, from Datamonitor.

Posted via email from Jack's posterous

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