Tendering for low cost generics in Australia

Faunce, Thomas A., Lofgren, Hans, Harvey, Ken and Johnston, Kellie 2006, Tendering for low cost generics in Australia, Health issues, no. 87, Winter, pp. 26-29.

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Title Tendering for low cost generics in Australia
Author(s) Faunce, Thomas A.
Lofgren, Hans
Harvey, Ken
Johnston, Kellie
Journal name Health issues
Issue number 87
Season Winter
Start page 26
End page 29
Publisher Health Issues Centre Inc.
Place of publication Melbourne, Vic.
Publication date 2006
ISSN 0819-5781
Summary An Australian federal government committee recently proposed, as a cost-saving measure, the introduction of sealed-bid competitive tendering to exclusively supply the Pharmaceutical Benefits Scheme with specific generic medicines. A similar plan involved an open tender to supply generic products below a government set price, also linked with a reduced patient co-payment as an incentive. These proposals represented an opportunity to encourage the price of generic pharmaceuticals to move closer to the marginal cost of production—a process that could be subsequently applied to innovative (or brand-name) patented medicines in a therapeutic class with many competitors. This article examines these tendering proposals, particularly in relation to the potential for increased involvement of generic pharmaceutical manufacturers in the Australian market.
Language eng
Field of Research 111799 Public Health and Health Services not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2006
Persistent URL http://hdl.handle.net/10536/DRO/DU:30009090

Document type: Journal Article
Collection: School of International and Political Studies
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