Questions over MoU
January 18, 2010
SPECULATION is rife that the
Memorandum of Understanding
will not pass legislative approval
before it was originally planned to
come into effect next month.
The speculation comes on the
back of the Federal Opposition’s
refusal to state whether it will
support the bill until the release of
the Senate Inquiry into the MoU’s
results on 16 Nov, five days before
it is due to come into effect.
Meanwhile generic companies
are still hard at work lobbying
opposition members to throw their
support against the bill, with
Alphapharm’s managing director,
Martin Cross, telling reporters that
the proposed changes are “just a
cash grab” that would result in the
movement of many generic
operations offshore.
“Rather than it being an evolution
it will be a revolution,” said Cross.
In the opposite camp the
Pharmacy Guild of Australia is
hoping the MoU will not come into
effect until March next year, saying
that the festive holiday period is too
hectic a time to instigate large
scale changes to the PBS.
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