Ley seals deals for $6.6 billion PBS cuts

HEALTH Minister Sussan Ley has secured agreements to achieve more than $6 billion in cuts to the PBS spending over five years, including reductions in the prices of patented drugs, after a struggle with Medicines Australia.  

Medicines Australia CEO Tim James said today that “in response to the government’s budgetary challenges, we have agreed to meet all of the government’s savings targets".

“In return for providing the majority of $6.6 billion in cuts outlined by the government, our members