PHARMAC is the New Zealand government agency that decides which medicines and related products are funded in New Zealand.
We work hard to give New Zealanders access to medicines and related products they need to live healthy lives.
Medicines can cost a lot of money. We have a fixed budget to spend in the most cost-effective way possible. We do this by bargaining with drug companies to keep prices down.
Experienced doctors and medical staff look at how effective different medicines are across different medical conditions and help us decide what to fund.
PHARMAC is making a huge difference. A world leading difference.
Our scope has been expanded to include hospital medical devices. PHARMAC will eventually manage spending on these within a fixed budget. As our role in hospital medical devices grows, we will apply many of the same principles we use for our medicines work.