2019 Federal Election

In the lead up to the Federal Election, Medicines Australia wrote to the major political parties; Liberal/National Coalition, Australian Labor Party and Australian Greens Party, seeking specific commitments to our sector and outlining our key elections asks.

These election asks focused on five areas: PBS listing processes, including special pricing arrangements; Strategic Agreements; National Medicines Policy; Clinical Trials harmonisation; Industry incentives (R&D / intellectual property).

Over recent days Medicines Australia has received response letters from each party formally affirming their commitments to the sector.

As a result of our strong engagement and effective advocacy efforts, supported by our members, all the major parties have made significant, strong commitments to the industry.

Of particular note is bipartisan commitment to improving PBS processes and time to listing; preservation of SPAs; a review of the National Medicines Policy; development of a proposal for Clinical trial harmonisation within 12 months of forming government and ongoing support for strategic agreements with the industry.

The ALP have also agreed to seek an accounting solution to the supply chain reform and have promised no detrimental impact to the supply chain and our members.