PharmAsia News Australia/New Zealand Roundup: Medicines Australia, PHARMAC, Helicon, Pharmaxis
This article was originally published in PharmAsia News
Executive Summary
Medicines Australia Critical Of Labor Government's First Budget
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Australian Labor Government Slashes Drug Prices For Big Pharma, Delivers Tax Credits To Struggling Biotechs In 2009 Budget
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Australian Labor Government Slashes Drug Prices For Big Pharma, Delivers Tax Credits To Struggling Biotechs In 2009 Budget
“This will be the first time in 21 years that there will be no dedicated industry support program to promote investment in this valuable knowledge-based industry,” Medicines Australia exec warns..
Australian Labor Government Slashes Drug Prices For Big Pharma, Delivers Tax Credits To Struggling Biotech In 2009 Budget
PERTH, Australia - The Australian federal 2009-2010 budget announced May 12, delivered a mixed bag to pharmaceutical and biotech companies, with biotech companies praising the R&D tax credit and Big Pharma critical of cuts to the Pharmaceutical Benefits Scheme