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The New Daily
The New Daily
George Hyde

Cheaper medications as Albanese government eyes overhaul of PBS list

The price of many medicines available on the Pharmaceutical Benefits Scheme could soon fall.

The Albanese government will slash the cost of popular medications as it begins what it says is the biggest cut to drug costs in the 75 years of the Pharmaceutical Benefits Scheme.

In a twin-pronged announcement on Monday, Health Minister Mark Butler said more than 2000 medications on the PBS – for stomach ulcers, migraines and other conditions – would become cheaper from October 1.

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