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PHARMAC logo — Pharmac is the government agency that decides which medicine...

PHARMAC

Pharmac is the government agency that decides which medicines and related products are funded in New Zealand.

Founded 1993 New Zealand New Zealand 287 employees Series Unknown Pharmaceutical

General Information

Company Name PHARMAC
Founded Year 1993
Location New Zealand New Zealand +2
Employees 287
Industries Pharmaceutical
Funding Stage Series Unknown
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About PHARMAC

PHARMAC is a New Zealand-based government agency that holds the authority to determine which pharmaceuticals and related products will receive public funding. Established in 1993, Pharmac operates with the objective, as set by legislation, to secure the best health outcomes achievable from pharmaceutical treatment within the provided funding. Being a part of the pharmaceutical industry, Pharmac plays a crucial role in determining the accessibility of medicines for eligible individuals in need. In February 2018, Pharmac received a Venture Round investment, although specific details about the investing parties remain undisclosed. With its pivotal role in healthcare accessibility and funding decisions, Pharmac continues to be a key player in the New Zealand pharmaceutical landscape.

Taxonomy: Pharmac, Te Pātaka Whaioranga, New Zealand, government agency, pharmaceuticals, medicine funding, health outcomes, pharmaceutical treatment, funding, District Health Boards, vaccines, community medicines, cancer medicines, budget management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 07 Feb 2018

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FAQ About PHARMAC

Pharmac is the government agency that decides which medicines and related products are funded in New Zealand.
PHARMAC was founded in 1993.
PHARMAC is headquartered in New Zealand.
PHARMAC operates in the following industries: Pharmaceutical.
PHARMAC has approximately 287 employees.
PHARMAC has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to PHARMAC include GMP Pharmaceuticals Ltd, ZOOM Pharmacy, Key Pharmaceuticals, Weleda NZ, Daewoong Pharmaceutical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PHARMAC and GMP Pharmaceuticals Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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