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Health by Sue Dunlevy
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Subscriber only Exclusive: Almost 50 high-cost medicines have been approved for government subsidy but never made it onto the Pharmaceutical Benefits Scheme, a News Corp Australia investigation has found. And the problem is set to get worse under new reference pricing rules introduced in the US which mean pharmaceutical companies will have no incentive to give cheap drugs to Australians. The 46 medicines include those used for treating people suffering from cancer, migraine, rheumatoid arthritis, osteoporosis and heart disease. A government subsidy would slash the price patients pay for these medicines from up to $6000 a month to just $41.30 for general patients and $6.60 for pensioners.