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Medical Cannabis Finally Listed on Australia’s PBS
An epilepsy medication has made history by becoming the first cannabis medicine to be listed on Australia’s Pharmaceutical Benefits Scheme.
While Special Access Scheme B-Portal approvals for cannabis medications have been steadily climbing each month, cannabis medications have, up until now, been unregistered on the Pharmaceutical Benefits Scheme (PBS) in Australia.
Medicines listed on the Pharmaceutical Benefits Scheme are partially subsidized by the Australian Government in order to make particular medications more affordable.
This has meant that cannabis medications have, in some cases, been expensive for patients, to the point that they continue to source their cannabis on the black market.
In fact, the high prices of cannabinoid medications were identified as one of the barriers to medical cannabis prescriptions in Australia in 2020 during a senate inquiry.
Now, in a watershed moment for Australia’s medical cannabis industry, one particular cannabinoid medication will be available on the PBS, and some of its costs will be subsidized for patients.
The medication listed on the PBS is Epidyolex, a cannabidiol medication that alleviates…