Australia: Government announces Five Year Strategic Agreements with the Medicines Industry
The Australian Government has announced two new Strategic Agreements with Medicines Australia and the Generic and Biosimilar Medicines Association (GBMA) covering the period from 1 July 2022 to 30 June 2027. The agreements aim at extending and improving access to new medicines as well as reviewing Australia’s Health Technology Assessment. The HTA review will echo the recommendations made by the Australian Parliamentary Inquiry into approval processes for new drugs and novel medical technologies, which the rare disease community contributed to. The fact sheet of the HTA policy and methods review indeed includes developing methods for evaluating rare diseases for reimbursement and alternative funding pathways.