Guild interested to learn more about TPPA details

Press Release – Pharmacy Guild The Pharmacy Guild of New Zealand (the Guild) is keen to learn more about how the Trans-Pacific Partnership Agreement (TPPA) will impact New Zealands health sector if it is accepted by the Government.Guild interested to learn more about TPPA details The Pharmacy Guild of New Zealand (the Guild) is keen to learn more about how the Trans-Pacific Partnership Agreement (TPPA) will impact New Zealand’s health sector if it is accepted by the Government. Guild Chief Executive, Lee Hohaia says “There has been much speculation about the impact of TPPA on New Zealand, especially following Prime Minister John Key’s recent acknowledgement that some medicine may cost more for New Zealand under TPPA. “While it is difficult to comment on the issue without knowing the actual content of the agreement, the Guild’s main concern is that New Zealand’s health budget is spent in the most efficient and effective way to ensure positive health outcomes for all New Zealanders. “We understand that the price New Zealand has to pay for medicine may increase due to the high probability that patents on medicine would be extended under the agreement. The Government has indicated that the financial benefits of TPPA would offset higher costs of medicine and patients would not be disadvantaged. We are pleased to see that this has been acknowledged and hope that further investment in the...

Read More