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Australia Missing Out on Life-Changing Drugs | Australia News
Description
Australia’s drug approval system is leaving patients behind—just 25% of new global treatments hit the PBS, leaving 18 life-changing therapies, including breakthroughs for schizophrenia, narcolepsy, and prostate cancer, out of reach. Pharma giants cite a sluggish, costly process and low reimbursement as reasons to skip the Aussie market. For Tina Powney, a rare lung disease patient, a new US/EU-approved drug could mean ditching her 24/7 IV system for simple weekly injections. Health officials are reviewing 50 proposals to speed approvals—but patients are waiting, and time is running out.
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