Pharmac's record funding-boost will fill a fiscal hole to ensure it can keep funding the treatments currently on offer.

The drug-buying agency is being promised an additional $1.7 billion over four years in the upcoming Budget.

Medicines NZ Chief Executive, Graeme Jarvis told Mike Hosking that without it, some patients would have lost out on medicines paid for by time-limited funding.

He says while it sounds like a lot of money, it's being spread over four years and simply keeps things as they are.

LISTEN ABOVE  

Pharmac's record funding-boost will fill a fiscal hole to ensure it can keep funding the treatments currently on offer. 
The drug-buying agency is being promised an additional $1.7 billion over four years in the upcoming Budget. 
Medicines NZ Chief Executive, Graeme Jarvis told Mike Hosking that without it, some patients would have lost out on medicines paid for by time-limited funding. 
He says while it sounds like a lot of money, it's being spread over four years and simply keeps things as they are. 
LISTEN ABOVE

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition, hosted by Kate Hawkesby on Newstalk ZB.

Advertisement