26 June 2018 - Health Minister Dr David Clark is pleased to mark 25 years since the establishment of the Pharmaceutical Management Agency, PHARMAC.
“I’m delighted PHARMAC has reached this significant milestone. We can all be proud of the great work PHARMAC does to keep pharmaceuticals accessible to New Zealanders,” said David Clark.
PHARMAC was formed in 1993 in response to pressure on health services, in particular spending on pharmaceuticals. It’s had a significant impact on spending patterns.