Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / Australia

High Generic Drug Costs To Benefit Manufacturers But Not Consumers

July 2011 | Industry Trend Analysis

BMI View: High generic drug prices will affect the listing of innovative drugs on Australia's Pharmaceutical Benefit Scheme (PBS) as the government is concerned about expenditure on subsidised medicines. This will be negative for consumers if new drugs are prevented from listing, but positive for generic drugmakers as they can capitalise on higher profit margins.

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