Bloomberg
Vertex Pharmaceuticals Inc.’s cystic fibrosis medicine Orkambi will be subsidized by the Australian government from next month.
The medicine will be available on the Pharmaceutical Benefits Scheme from October 1 for all patients over the age of six who have the most common form of cystic fibrosis, Prime Minister Scott Morrison said in a statement.
“This will provide over 1,200 Australian patients, and their families, with a longer and better life,†Morrison said, adding Vertex had agreed
to provide “compassionate free access†until the medicine is listed.
Cystic fibrosis is a progressive, genetic disease that causes persistent lung infections and can limit the ability to breathe. Orkambi can cost patients up to A$250,000 ($180,000) a year, according to the statement.