Department of Health advised on pharmacy agreement
A “landmark” agreement has been struck to provide access to Commonwealth-subsidised medicines and support for aged care, among other measures.
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Firm: Maddocks (Commonwealth Department of Health).
The agreement also “sets the price that is paid to pharmacists for dispensing medicines under the Pharmaceutical Benefits Scheme, which is expected to be $16 billion in Commonwealth spending over the five-year term of the agreement”, Maddocks said in a statement.
Value: $16 billion in Commonwealth spending over the five-year term of the agreement.
Area: Healthcare, government.
Key players: The Maddocks team was led by partner Andrew Whiteside, who was supported by special counsel Paul Ellis and lawyer Xinyu Zhang.
Deal significance: Maddocks healthcare sector leader Lucille Scomazzon said: “[Maddocks’] work on the 7CPA is another significant achievement for our [healthcare sector] team, showcasing the depth of our expertise in the pharmacy and pharmaceutical sectors. Congratulations Andrew and the team.”
The firm’s Commonwealth government sector leader Simonetta Astolfi added: “The 7CPA is another example of the great work we are doing for Commonwealth [government] clients and its signing is a proud achievement for the firm.”
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Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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