Commonwealth Consolidated ActsThis Division is about price reductions for listed brands of pharmaceutical items.
(a) other existing brands of the pharmaceutical item; and
(b) existing brands of pharmaceutical items that have the same drug and manner of administration; and
(c) existing brands of pharmaceutical items that have a drug in the same therapeutic group and the same manner of administration.
(a) are triggered when Subdivision B applies to require a 16% price reduction to a new brand of a pharmaceutical item; or
(b) are triggered when Subdivision CA applies to a new brand of a pharmaceutical item that has the same drug as an existing brand of a pharmaceutical item that is subject to an outstanding staged reduction; or
(c) arise if the pharmaceutical item has a drug on F2 on a particular day.
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