Pharmacy litigation

May 15, 2012

THE Pharmacy Guild of Australia has predicted that there will be more litigation between the Government and pharmaceutical companies. The Guild has based its supposition on a Budgetary measure which will see the Government provide unspecified funding to the Department of Health and Ageing to seek to recover compensation from pharmaceutical companies in respect of losses caused by delayed entry of generics. “The first entry of a new brand results in a statutory price reduction being applied to the original and generic brands of the medicine on the PBS,” the Budget papers said. “In some cases, it appears that statutory price reductions and the introduction of generic forms of the medicine may have been delayed resulting in possible additional cost to Government,” the Budget papers added.

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Pharmacy Daily | Pharmacy litigation

Pharmacy litigation

Other recent headlines

WA group stocks vapes

Fujitsu to protect against cyber threats

PD breaking news – Queensland pharmacies scope of practice pilot expanded

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES