PHARMAC has a clear role within New Zealand's medicine system, however sometimes we share our objectives with other agencies that play different roles.
When this happens we sometimes agree memoranda of understanding, which are documents that outline each agency's role in meeting the shared objective, and how we will work together.
PHARMAC's role is to manage funding of community pharmaceuticals, deciding which medicines are funded out of the DHBs’ Combined Pharmaceutical Budget.
We also provide DHBs with access to national contracts for hospital medical devices and decide which hospital medicines can be funded in DHB hospitals.
Last updated: 4 March 2019