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Department of Health advised on pharmacy agreement

A “landmark” agreement has been struck to provide access to Commonwealth-subsidised medicines and support for aged care, among other measures.

July 21, 2020 • By Jerome Doraisamy
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Greg Hunt
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Firm: Maddocks (Commonwealth Department of Health).

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Deal: An agreement – the Seventh Community Pharmacy Agreement (7CPA) – signed between minister Greg Hunt on behalf of the Department of Health, the Pharmacy Guild of Australia and the Pharmaceutical Society of Australia “supports the implementation of a number of key Australian [government] commitments, including access to [Commonwealth-subsidised medicines], medicine safety, support for aged care, support for pharmacy in regional, rural and remote areas and reforms to improve access to medicines for the Aboriginal and Torres Strait Islander community under the government’s ‘Closing the Gap’ initiatives”.

 
 

The agreement also “sets the price that is paid to pharmacists for dispensing medicines under the Pharmaceutical Benefits Scheme, which is expected to be $16 billion in Commonwealth spending over the five-year term of the agreement”, Maddocks said in a statement.

Value: $16 billion in Commonwealth spending over the five-year term of the agreement.

Area: Healthcare, government.

Key players: The Maddocks team was led by partner Andrew Whiteside, who was supported by special counsel Paul Ellis and lawyer Xinyu Zhang.

Deal significance: Maddocks healthcare sector leader Lucille Scomazzon said: “[Maddocks’] work on the 7CPA is another significant achievement for our [healthcare sector] team, showcasing the depth of our expertise in the pharmacy and pharmaceutical sectors. Congratulations Andrew and the team.”

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The firm’s Commonwealth government sector leader Simonetta Astolfi added: “The 7CPA is another example of the great work we are doing for Commonwealth [government] clients and its signing is a proud achievement for the firm.”

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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