A negotiating team representing the State has reached agreement in principle with the Irish Pharmaceutical Healthcare Association on a new drug pricing and supply agreement. As work is still continuing between the parties to finalise the terms of the agreement, I am not in a position at this time to comment on specific details, or to discuss third-party correspondence relating to the agreement.
Negotiations and agreements with industry represent just one element of the Government’s strategy to reduce expenditure on medicines; other initiatives will continue to be pursued in the coming months and years to ensure that we achieve affordable prices for medicines for both patients and the State.