Price Disclosure Reductions for 2018 October Cycle

Page last updated: 29 August 2018

This summary only includes medicines taking a price disclosure reduction on 1 October 2018. The determined price disclosure outcomes for this cycle were calculated in accordance with the National Health Act 1953 (the Act) as amended and National Health (Pharmaceutical Benefits) Regulations 2017 (the Regulations) in force currently.

The outcomes below show percentage (%) price differences and ex‑manufacturer level prices. They do not include fees and mark-ups. Information about publication of prices including fees and mark-ups is set out below.

Flow-on Reductions for F2 Combination Items

Responsible persons with a brand of an F2 combination item should note that:

  • if an F2 combination item is listed below, it has met the criteria for a direct reduction. However, this reduction may not take effect on 1 October 2018 if the price of a component ingredient is also reduced and flowing this component price on results in a lower price; or
  • if an F2 combination item did not receive a direct price disclosure reduction, it may still receive a price reduction as a result of the flow-on of the price of a component ingredient that is taking a price disclosure reduction.

Calculations are currently being completed for flow-on price disclosure reductions to F2 combination items. Outcomes will be communicated to responsible persons with brands of affected drugs early July 2018.

Legal Determination & Next Steps

The weighted average disclosed prices for each brand, including brands with a determination but no reduction, can be found in the legal determination on the Federal Register of Legislation website. Price disclosure reductions will apply to brands listed in Schedule 1 of the legal determination. Those brands in Schedule 2 of the determination will not take a price disclosure reduction because the percentage difference between their April 2018 PBS approved ex‑manufacturer price and the weighted average disclosed price was below 10% or 30% (as applicable and set out in the table below). Any new brands of an existing pharmaceutical item with a determination in Schedule 1 that listed after 31 March 2018 will also take the reduction on 1 October 2018 under section 99ADHA of the Act.

An agreed process for responsible persons to raise any questions or concerns arising from an outcome mentioned above is set out in the Price Disclosure Dispute Resolution Administrative Process. The date for lodgement of disputes is 5 pm AEST on 28 June 2018

Indicative prices for 1 October 2018 (including price to pharmacy, dispensed price for maximum quantity and price premiums) will be published by early July 2018. Subscribe to PBS News to receive notice when they become available.

Final prices for 1 October 2018 (including all price to pharmacy, dispensed price for maximum quantity/amount and price premiums) will be available from mid-September 2018.

2018 October Cycle Outcomes Summary

Legal Instrument Drug
(drugs marked with an * have a pharmaceutical item/s that met the 'no reduction' criteria)

Legal Instrument MoA

Legal Instrument Form

Average
AEMP
($)

WAPD
(%)
across a
drug/MoA

WADP -
potential
October '18
PBS Price (AEMP)
($)
per
pharmaceutical
item

April '18
AEMP
($)

Percentage difference between April '18 and October '18  PBS prices (AEMP)
(%)
per
pharmaceutical
item

Calculations based on:

OWAPD = all brand data

GWAPD = originator brand data removed for at least one pharmaceutical item

No originator brand determined

Does not meet 30 month clock

Unadjusted Price Reduction
10%
or
30%
 

[Average AEMP minus WAPD = WADP]

 

[Difference between October '18 AEMP & WADP = % Difference]

Adefovir

Oral

Tablet containing adefovir dipivoxil 10 mg

525.00

18.43%

428.24

525.00

18.43%

GWAPD

10

Azacitidine

Injection

Powder for injection 100 mg

369.44

26.91%

270.02

317.31

14.90%

Does not meet 30 month clock

10

Bleomycin

Injection

Powder for injection containing bleomycin sulfate 15,000 I.U.

31.27

31.78%

21.33

31.27

31.79%

No originator brand determined

30

Bosentan

Oral

Tablet 125 mg (as monohydrate)

2,295.43

33.06%

1,536.56

2,295.43

33.06%

Does not meet 30 month clock

10

Bosentan

Oral

Tablet 62.5 mg (as monohydrate)

2,295.43

33.06%

1,536.56

2,295.43

33.06%

Does not meet 30 month clock

10

Capecitabine

Oral

Tablet 150 mg

15.07

33.09%

10.08

12.57

19.81%

GWAPD

10

Capecitabine

Oral

Tablet 500 mg

93.40

33.09%

62.49

77.94

19.82%

GWAPD

10

Dorzolamide

Application to the Eye

Eye drops 20 mg (as hydrochloride) per mL, 5 mL

10.11

27.75%

7.30

10.11

27.79%

GWAPD

10

Dorzolamide with timolol

Application to the Eye

Eye drops containing dorzolamide 20 mg (as hydrochloride) with timolol 5 mg (as maleate) per mL, 5 mL

12.08

18.45%

9.85

12.08

18.46%

GWAPD

10

Entecavir

Oral

Tablet 0.5 mg (as monohydrate)

306.68

31.26%

210.81

234.64

10.16%

Does not meet 30 month clock

10

Entecavir

Oral

Tablet 1 mg (as monohydrate)

498.75

31.26%

342.84

381.59

10.15%

Does not meet 30 month clock

10

Eplerenone

Oral

Tablet 25 mg

71.75

11.09%

63.79

71.75

11.09%

Does not meet 30 month clock

10

Eplerenone

Oral

Tablet 50 mg

71.75

11.09%

63.79

71.75

11.09%

Does not meet 30 month clock

10

Frusemide

Injection

Injection 20 mg in 2 mL

2.00

38.74%

1.23

2.00

38.50%

OWAPD

30

Imatinib

Oral

Capsule 100 mg (as mesilate)

1,168.50

27.15%

851.25

1,168.50

27.15%

Does not meet 30 month clock

10

Imatinib

Oral

Capsule 400 mg (as mesilate)

2,337.00

27.15%

1,702.50

2,337.00

27.15%

Does not meet 30 month clock

10

Imatinib

Oral

Tablet 100 mg (as mesilate)

1,168.50

27.15%

851.25

1,168.50

27.15%

Does not meet 30 month clock

10

Imatinib

Oral

Tablet 400 mg (as mesilate)

2,337.00

27.15%

1,702.50

2,337.00

27.15%

Does not meet 30 month clock

10

Infliximab

Injection

Powder for I.V. infusion 100 mg

507.42

11.59%

448.61

507.42

11.59%

Does not meet 30 month clock

10

Modafinil

Oral

Tablet 100 mg

126.00

13.53%

108.95

126.00

13.53%

Does not meet 30 month clock

10

Nevirapine

Oral

Tablet 200 mg

157.14

34.88%

102.33

157.14

34.88%

GWAPD

30

Nevirapine

Oral

Tablet 400 mg (extended release)

157.14

34.88%

102.33

157.14

34.88%

GWAPD

30

Nicorandil

Oral

Tablets 10 mg, 60

13.00

26.82%

9.51

13.00

26.85%

GWAPD

10

Nicorandil

Oral

Tablets 20 mg, 60

18.11

26.82%

13.25

18.11

26.84%

GWAPD

10

Oxycodone*

Oral

Tablet containing oxycodone hydrochloride 10 mg (controlled release)

12.21

16.21%

10.23

12.21

16.22%

GWAPD

10

Oxycodone*

Oral

Tablet containing oxycodone hydrochloride 20 mg (controlled release)

21.63

16.21%

18.12

21.63

16.23%

GWAPD

10

Oxycodone*

Oral

Tablet containing oxycodone hydrochloride 40 mg (controlled release)

37.98

16.21%

31.82

37.98

16.22%

GWAPD

10

Oxycodone*

Oral

Tablet containing oxycodone hydrochloride 5 mg

2.16

16.21%

1.81

2.16

16.20%

GWAPD

10

Oxycodone*

Oral

Tablet containing oxycodone hydrochloride 80 mg (controlled release)

62.21

16.21%

52.13

62.21

16.20%

GWAPD

10

Pemetrexed

Injection

Powder for I.V. infusion 1 g (as disodium)

208.08

55.58%

92.43

131.35

29.63%

Does not meet 30 month clock

10

Pemetrexed

Injection

Powder for I.V. infusion 100 mg (as disodium)

20.81

55.58%

9.24

13.14

29.68%

Does not meet 30 month clock

10

Pemetrexed

Injection

Powder for I.V. infusion 500 mg (as disodium)

104.04

55.58%

46.21

65.67

29.63%

Does not meet 30 month clock

10

Pregabalin

Oral

Capsule 150 mg

41.96

25.00%

31.47

40.82

22.91%

Does not meet 30 month clock

10

Pregabalin

Oral

Capsule 25 mg

12.36

25.00%

9.27

12.03

22.94%

Does not meet 30 month clock

10

Pregabalin

Oral

Capsule 300 mg

62.60

25.00%

46.95

60.91

22.92%

Does not meet 30 month clock

10

Pregabalin

Oral

Capsule 75 mg

27.35

25.00%

20.51

26.61

22.92%

Does not meet 30 month clock

10

Raloxifene

Oral

Tablet containing raloxifene hydrochloride 60 mg

31.40

12.91%

27.35

31.40

12.90%

GWAPD

10

Tirofiban

Injection

Solution concentrate for I.V. infusion 12.5 mg (as hydrochloride) in 50 mL

203.27

10.22%

182.50

203.27

10.22%

GWAPD

10

Tranexamic acid

Oral

Tablet 500 mg

30.25

10.27%

27.14

30.25

10.28%

Does not meet 30 month clock

10

Ursodeoxycholic acid*

Oral

Capsule 250 mg

136.00

28.58%

97.13

136.00

28.58%

GWAPD

10

Valganciclovir

Oral

Tablet 450 mg (as hydrochloride)

1,792.15

15.95%

1,506.30

1,792.15

15.95%

Does not meet 30 month clock

10

Valsartan with hydrochlorothiazide

Oral

Tablet 160 mg-12.5 mg

12.04

28.55%

8.60

9.95

13.57%

GWAPD

10

Valsartan with hydrochlorothiazide

Oral

Tablet 160 mg-25 mg

13.45

28.55%

9.61

11.36

15.40%

GWAPD

10

Valsartan with hydrochlorothiazide

Oral

Tablet 320 mg-12.5 mg

15.04

28.55%

10.75

12.36

13.03%

GWAPD

10

Valsartan with hydrochlorothiazide

Oral

Tablet 320 mg-25 mg

16.45

28.55%

11.75

13.77

14.67%

GWAPD

10

Valsartan with hydrochlorothiazide

Oral

Tablet 80 mg-12.5 mg

9.69

28.55%

6.92

8.06

14.14%

GWAPD

10