Three years after Australia's world-first decision to permit the prescribing of psilocybin and MDMA, the sector is booming and Big Pharma's are making a play
While manufacturing costs have gone up, reimbursement is less than half what it was when this drug was first listed but the PBAC still said 'No' to a price rise. Now plans to delist it from the PBS have been delayed by six months following a patient outcry
The shortest line yet between America's MFN policy and a life-saving drug not being PBS listed has been drawn, with a company decrying the PBAC's unwillingness to adapt to a changed pricing environment
Another impressive trial win for Summit Therapeutics' challenger to the world's biggest drug has been branded a good omen for Big Pharmas in the same space
Faced with growing challenges to listing some drugs on the PBS, Lilly has launched a platform to facilitate dispensing and delivery of medications to a patient's door at more affordable prices
Company details future mega revenue earners while also releasing topline results for its next star performer, which beat a rival Lilly drug in a head-to-head trial
The local giant has shored up isotope supply for its late-stage pipeline with the icing on the cake, acquiring a radiopharmaceutical on the cusp of winning FDA approval
Health Minister Mark Butler announces another two October listings, one of which will benefit more than 143,000 Australians from the start of next month