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Speaker 1: So standing by this week allegedly for the big drug

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Speaker 1: announcement that the suggests in being cabinet's going to sign

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Speaker 1: off today to try and fix this mess they got

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Speaker 1: themselves into by promising stuff and they're not delivering. It's

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Speaker 1: understood a proposal to push a for the five to

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Speaker 1: six hundred million dollars into fire Mak over the next

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Speaker 1: four years is what's coming. The chair of Patient Voice,

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Speaker 1: Malcolm Mulholland is with, there's Malcolm warning to you.

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Speaker 2: Morning, Mike.

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Speaker 1: You've been excited.

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Speaker 2: Yeah, actually it should be a good day, a big day,

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Speaker 2: and he is hoping that cabinets sign off and make

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Speaker 2: the announcement.

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Speaker 1: It's a weird thing because it seems like an elegant solution.

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Speaker 1: The thirteen was silly given the listers out of date

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Speaker 1: and far Mak are independent and this, as I understand,

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Speaker 1: it seems to solve the problem. In other words, the

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Speaker 1: money goes to far Mac Farmak get to make the

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Speaker 1: decisions and we're often running. Is that your understanding, Yeah,

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Speaker 1: very much so.

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Speaker 2: Look when they put up the three options, Mike, I

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Speaker 2: think the only option that they had moving forward was

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Speaker 2: to give far America lump summer money to say, work

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Speaker 2: your way through the options for investment lists that would

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Speaker 2: include the thirty in Kent meds and other meds now

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Speaker 2: and patients will be able to get the drugs that

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Speaker 2: they need. So from our perspectives, this was always going

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Speaker 2: to be the option that the government would land on.

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Speaker 1: Right, does this solve the problem? Do you have any idea.

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Speaker 2: Or not solve the problem in terms of the turn intensemeeds?

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Speaker 1: Well, I mean it, it delivers on the promise, but

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Speaker 1: what does that buy and how many people are affected

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Speaker 1: and suddenly a problem goes away or not?

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Speaker 2: Yeah, good question. The problem doesn't go away, But what

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Speaker 2: we expect that will do is put a significant dent

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Speaker 2: in Pharmac's options for investment lists. So that's a weight

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Speaker 2: list that we have. We're the only country in the

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Speaker 2: world that has one. We would hope to see over

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Speaker 2: a period of time the number of drugs come off

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Speaker 2: that list. So, as I said to you before, that

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Speaker 2: will include more than just those turn intenser needs. What

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Speaker 2: time it will do will work their way down that

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Speaker 2: list according to what the rankings are. There'll be things

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Speaker 2: like bundled deals, so one would expect there to also

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Speaker 2: be other drugs that will be funded as a result,

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Speaker 2: and time will tellultimately where we'll leand in terms of

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Speaker 2: reducing the waiting list that time.

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Speaker 1: It is how rapidly developing the is the cancer drug business,

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Speaker 1: Given that I think the list is three years old

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Speaker 1: and it's already out of date, is it moving fast?

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Speaker 2: Yeah, very much so, Mike. So other jurisdictions are better

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Speaker 2: equipped to deal with some of the new innovative drugs. So,

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Speaker 2: for example, if we were to do the same list now,

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Speaker 2: if we were to do the same methodology that they

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Speaker 2: enployed three years ago, there would be, for example, about

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Speaker 2: five drugs in the breast cancer space that we would

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Speaker 2: need to fund. When that list was done three years ago,

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Speaker 2: there were none the same for prostate there was none.

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Speaker 2: My understanding how that there would be a couple more

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Speaker 2: for prostate. So it is moving rapidly.

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Speaker 1: Good stuff, Malcolm, nice to catch up with you. Appreciate

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Speaker 1: it very much and I hope it works out well

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Speaker 1: for you today, Malcolm R. Holland, you're a patient voice Artiro.

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