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Government, pharmacies strike $1.2b deal on PBS

Carrie LaFrenz

The federal government will spend an extra $100 million over five years on medication management services under a new deal with community pharmacies.

Government spending will rise to $1.2 billion over five years under the 7th Community Pharmacy Agreement signed with the sector's peak body on Thursday night, after 12 months of negotiations.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/federal-government-community-pharmacy-reach-7th-agreement-20200612-p551vx