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Medicinal Products

Dáil Éireann Debate, Wednesday - 17 January 2024

Wednesday, 17 January 2024

Questions (1548)

John Lahart

Question:

1548. Deputy John Lahart asked the Minister for Health what additional amount has been allocated to orphan/new drugs for 2024; and if he will make a statement on the matter. [56756/23]

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Written answers

A record almost €3 billion, nearly €1 in every 8 spent by the State on health, will be spent this year on medicines. This is an unprecedented level of investment in supporting patients through the availability of the latest and wide range of medicines.

It is important that medicines expenditure is sustainable for the State and that we strive to maximise the available investment. This will enable us to provide as many people as possible with access to the necessary medicines.

Over the last 3 years the State has invested €98 million in new medicines funding to provide 148 new medicines or extended uses for medicines.

In 2024, I have tasked the Health Service Executive, my department, and all relevant agencies and stakeholders to place a priority focus on achieving the most efficient and effective use of available resources. This will require opportunities for savings to be identified and implemented.

€20 million of dedicated funding has been allocated for new medicines in 2024. I have also asked the Health Service Executive to ensure it realises at least €10 million in new additional efficiency gains. This money will be re-invested in new drugs and will ensure that the substantial investment in medicines is maximised to treat even more patients with new therapeutic innovations in the years to come.

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