THE PBS has put out a Notification Form to be used to notify the Minister for Health and Aged Care of a likely or actual breach of the minimum stockholding requirements, to commence on 01 Jul, which is available on the Medicines Supply Security Guarantee page HERE.
From Jul, Minimum Stockholding Requirements will apply where manufacturers will be required to hold a minimum of either four or six months of stock in Australia for certain PBS-listed medicines, referred to as 'Designated Brands'.
The PBS stated that these measures will not prevent shortages, but can help provide a greater buffer to ensure that Australian manufacturers are better placed to continue supply & identify alternative sources of supply where possible.
The above article was sent to subscribers in Pharmacy Daily's issue from 09 May 23
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 09 May 23
