Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


PHARMAC Ready To Recommend Funding For Glivec

PHARMAC Ready To Recommend Funding For Glivec – At An Affordable Price

PHARMAC would like to subsidise the chronic myeloid leukaemia drug Glivec, but the price needs to be lower, says PHARMAC Chief Executive Wayne McNee.

Currently Novartis is asking between $60,000 and $100,000 per patient per year, depending on the extent of their condition.

The clinical evidence is that Glivec is an effective drug for a small, well-defined group of patients for whom it may be life-prolonging. The problem is its extraordinarily high cost.

“PHARMAC aims to fund drugs that are effective, and Glivec certainly works. But we have to be responsible with the budget we have,” Wayne McNee says.

PHARMAC’s specialist committee, the Pharmacology and Therapeutics Advisory Committee (PTAC), and its specialist cancer drugs sub-committee have recommended this drug be funded. But PTAC recommended that access to Glivec be limited due to its high price, and PHARMAC has to examine the cost of Glivec compared to other drugs when making its funding decisions.

“There are other drugs awaiting funding that could benefit a lot more people for the same cost, or less. If we fund this drug at the price Novartis is asking, many more patients who need other drugs will miss out. PHARMAC has to take all of these considerations into account when making these difficult funding decisions.

“PHARMAC does have money available to make some new investments, but PHARMAC has to be sure it is getting value for taxpayers and that is why we are asking Novartis to justify its high price. If Novartis was to drop its price to around $10,000 per patient per year, PHARMAC would ask its Board to approve funding, even though it would still be comparably, an expensive drug.”

Wayne McNee also refuted a statement from the leukaemia and blood foundation that it was planning to fund a direct-to-consumer advertising campaign from savings in the pharmaceutical budget.

“PHARMAC is working on a patient information campaign to make people with high cholesterol aware of ways to change their lifestyle to lower cholesterol, and of the treatments available. This is in line with its stated function to promote the responsible use of medicines,” Wayne McNee says.

The campaign will be funded by a pharmaceutical supplier, not from savings within the pharmaceutical budget.

[Ends]

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news