Making tender decisions: How does Pharmac allocate its fixed budget?

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Making tender decisions: How does Pharmac allocate its fixed budget?

Geraldine MacGibbon
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[Image: iStock]

How does Pharmac decide how to allocate spending? Geraldine MacGibbon explains

The annual tender is one of several mechanisms Pharmac – Te Pātaka Whaioranga uses to manage how much New Zealand spends on medicines. As Pharmac w