Why big US pharma hates Australia and has for decades

Why big US pharma hates Australia and has for decades

America's pharmaceutical giants have been plotting to torpedo Australia's Pharmaceuticals Benefits Scheme, despite securing major concessions 20 years ago.

A hard pill to swallow: US call to impose tariffs on Australian pharmaceuticals

An American pharmaceutical lobby group has urged US president Donald Trump to impose tariffs on Australia-made drugs, citing Australia's Pharmaceutical Benefit Scheme subsidies which they claim have caused a loss for US companies. It comes after both major parties pitched to lower the prices of medicines under the PBS ahead of the federal election, and both Labor and the Coalition have vowed to defend the PBS in the wake of the tariff war with t…

‘No way’: Australia’s warning for Trump

Australia has bluntly warned US President Donald Trump that the Pharmaceutical Benefits scheme is “not up for negotiation” in his trade war.