PHARMAC has a clear role within New Zealand's medicine system, however sometimes we share our objectives with other agencies that play different roles.
When this happens we sometimes agree memoranda of understanding, which are documents that outline each agency's role in meeting the shared objective, and how we will work together.
PHARMAC's role is to manage funding of community pharmaceuticals, deciding which medicines are funded out of the DHBs’ Combined Pharmaceutical Budget.
We also provide DHBs with access to national contracts for hospital medical devices and decide which hospital medicines can be funded in DHB hospitals.
PHARMAC also has a memorandum of understanding with NZ Health Partnerships Limited as DHBs’ agent.
PHARMAC, DHBs and New Zealand Health Partnerships Limited engage and share their work programmes through the Joint Procurement Agency.
New Zealand Medicines and Medical Devices Safety Authority (Medsafe)
Medsafe and PHARMAC have a long-standing constructive and effective working relationship. Signing this memorandum shows that we both want to maintain that constructive relationship and to ensure that the parties continue to work together effectively for the benefit of all New Zealanders.
Vaccines funding arrangements
In 2012 PHARMAC took over management of purchasing vaccines. We signed a memorandum of understanding with the Ministry of Health and DHBs outlining everyone's roles and responsibilities.