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Paying for costly pharmaceuticals: regulation of new drugs in Australia, England and New Zealand

Record type: Article

The United Kingdom, Australia and New Zealand use different criteria for public funding of pharmaceuticals, but all include estimates of clinical effectiveness and cost-effectiveness.

Drug appraisal is done through the National Institute for Health and Clinical Excellence (NICE) in the UK, the Pharmaceutical Benefits Advisory Committee (PBAC) in Australia, and the Pharmaceutical Management Agency (PHARMAC) in NZ.

Of the 10 drugs deemed least cost-effective by NICE between 1996 and 2005, all were approved for funding in the UK, six were approved in Australia and five were approved in NZ.

Australia and NZ refused funding for drugs for obesity, influenza and growth deficiency.

All three countries made exceptions in order to fund drugs of poor cost-effectiveness for some “dread” diseases, but some drugs for less alarming conditions were either not funded or heavily restricted.


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Citation

Raftery, James P. (2008) Paying for costly pharmaceuticals: regulation of new drugs in Australia, England and New Zealand Medical Journal of Australia, 188, (1), pp. 26-28. (PMID:18205559).

More information

Published date: 7 January 2008

Identifiers

Local EPrints ID: 183685
URI: http://eprints.soton.ac.uk/id/eprint/183685
ISSN: 0025-729x
PURE UUID: 4b4d65c9-3f49-4f6c-90c3-957ae5d6d6c7

Catalogue record

Date deposited: 04 May 2011 08:12
Last modified: 18 Jul 2017 11:55

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