15th December 2021

The Minister for Health, Stephen Donnelly TD, has today announced two new Framework Agreements on Pricing and Supply of Medicines 2021-2025.

The multiannual agreements with the Irish Pharmaceutical Healthcare Association (IPHA) and Medicines for Ireland (MFI) represent an important step in reducing the cost of medicines and improving access to innovative new medicines for patients.

The new deals will deliver:

  • improved access for patients to new and innovative medicines
  • reductions in the cost of existing medicines
  • an easing of financial pressure on the health services into the future

It is estimated that this will result in the State paying between €600 million and €700 million less for medicines than it would otherwise.