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Speaker 1: FARMAC, our drug funding agency which is and has been

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Speaker 1: undergoing some sort of reasonably large reform. Just yesterday talking

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Speaker 1: to the chair of course about new procurement rules. The

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Speaker 1: chair is new, there is some more funding is announced

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Speaker 1: by the government of the previous budget and the CEO

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Speaker 1: is new as well. Natalie McMurtry, Farmac's CEO is with us.

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Speaker 1: Natalie morning, good morning, welcome to the country. Enjoying it

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Speaker 1: so far.

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Speaker 2: I love it. Thanks, thanks so much. Everyone's been so lovely.

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Speaker 1: How did it work for you? Without getting too personal

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Speaker 1: about it all, I mean, what did you know of

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Speaker 1: New Zealand and FARMAC and what brought you here?

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Speaker 2: Well, Farmac. I've been working in the pharmacy and drug

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Speaker 2: sector for my whole career over twenty five years. Farmac's

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Speaker 2: always been a model that we look to and known about,

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Speaker 2: so it's always been in the circle of my professional life.

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Speaker 2: I guess for me, I had the opportunity come forward

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Speaker 2: for me to consider and it was a good fit.

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Speaker 2: Lifestyle and lovely country and an amazing model to work in.

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Speaker 1: The model as you saw what we would will see,

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Speaker 1: it has challenged in recent years. Did you see it

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Speaker 1: as challenged? And in need of some reform or was

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Speaker 1: that reform in place to the extent that you were

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Speaker 1: happy with and could dub til in and get on

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Speaker 1: with it.

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Speaker 2: I think that you know, there was an opportunity to

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Speaker 2: be able to make an impact, which I'm really thrilled

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Speaker 2: with with the right leadership, the board that has a

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Speaker 2: great plan in place and something that I could get

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Speaker 2: behind and happy to keep moving forward. The momentum on

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Speaker 2: the on the reset plan that's been in.

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Speaker 1: Place, Where do you see it at currently versus where

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Speaker 1: it could be would be in a couple of years time?

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Speaker 2: Well, I think, you know, it's hard to really comment

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Speaker 2: on the past, but moving forward, I think we have

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Speaker 2: the right things in place. We've started to engage patients

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Speaker 2: and families more. We have a Consumer Advisory Group working

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Speaker 2: group shared by Malcolm Holland that's working really closely hand

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Speaker 2: in glove with our RESET team and I think that

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Speaker 2: will be able to set a framework that will be

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Speaker 2: able to move forward in a positive way.

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Speaker 1: Is it same in places like Canada? In other words,

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Speaker 1: the government gives you money, There's never enough money. The

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Speaker 1: world is full of drugs and inventions and science and excitement,

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Speaker 1: and there's always a demand que of people saying how

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Speaker 1: about this?

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Speaker 2: Well, yeah, I think that's a challenge of anyone who's

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Speaker 2: been in executive leadership and healthcare in any public system,

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Speaker 2: And there's always the trade offs that you have to manage,

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Speaker 2: and we try to do the best job that we

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Speaker 2: can with the money available.

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Speaker 1: Where are you at in my current fascinations that I

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Speaker 1: means everyone GLP wons. So your Minister David Seymour has

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Speaker 1: an argument that if you spend dollars now, you can

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Speaker 1: save dollars in the future somewhere else. So, in other words,

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Speaker 1: GLP ones would be a very good example. If you

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Speaker 1: can cure obesity, think about what you could save in

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Speaker 1: the health system going down the track. Do you subscribe

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Speaker 1: and buy into that? And is it real?

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Speaker 2: Well, I think there's definitely opportunities where drugs and new

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Speaker 2: technologies can improve lives and livelihoods into the future. And

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Speaker 2: telling that story and getting the right data to make

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Speaker 2: that case around is it capacity, is it better livelihoods,

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Speaker 2: people have better productivity? Some of that math is a

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Speaker 2: bit tricky, but we're working on the best way to

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Speaker 2: tell that story, okay, And I certainly think there's a

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Speaker 2: real story there.

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Speaker 1: The procurement thing that we had the cheer on about yesterday.

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Speaker 1: You do some of it in Health New Zealand does

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Speaker 1: does all of that, Mike Saints, and we better off

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Speaker 1: for that.

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Speaker 2: Oh. I think that this has been a great moving

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Speaker 2: forward step for the organization after many years of confusion

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Speaker 2: and making the best of both Health New Zealand and

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Speaker 2: FARMAC working together to be able to get those the

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Speaker 2: right innovations available to New Zealand. So I'm really happy

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Speaker 2: about that.

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Speaker 1: Good to talk to you, and welcome to the country

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Speaker 1: and enjoy the job. And I'm sure we'll talk again.

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Speaker 1: Netleie McMurtrie, who's the new CEO of Farming. For more

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Speaker 1: from the Mic Asking Breakfast, listen live to news talks

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Speaker 1: it'd be from six am weekdays, or follow the podcast

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Speaker 1: on I Radio.