Document ID: chunk:federal_register_of_legislation:F2024C00583:reg:11:p2
Version: federal_register_of_legislation:F2024C00583
Segment Type: reg
Provision Reference: reg 11 (pt 2/3)
Character Range: 14021–16528

of the brand of the pharmaceutical item is less than, or equal to, $5.50; and
 (b) the relevant quantity and the pack quantity of the brand of the pharmaceutical item are not the same;
then the price to pharmacists for the pack quantity of the brand of the pharmaceutical item is the amount worked out as follows:
PTP  =  AEMP or PEMP  +  ($0.41  x  (PQ/RQ))
where:
PTP means the price to pharmacists for the pack quantity.
AEMP or PEMP means the approved ex‑manufacturer price or the proportional ex‑manufacturer price for the pack quantity.
PQ means the pack quantity of the brand of the pharmaceutical item.
RQ means the relevant quantity of the brand of the pharmaceutical item.
 (8) If the ex‑manufacturer price for the relevant quantity of the brand of the pharmaceutical item is more than $5.50, but less than or equal to $720.00; then the price to pharmacists for the pack quantity of the brand of the pharmaceutical item is the amount worked out as follows:

PTP  =  AEMP or PEMP  x  1.0752

where:

PTP means the price to pharmacists for the pack quantity.

AEMP or PEMP means the approved ex‑manufacturer price or the proportional ex‑manufacturer price for the pack quantity.

 (9) If:
 (a) the ex‑manufacturer price for the relevant quantity of the brand of the pharmaceutical item is more than $720.00; and
 (b) the relevant quantity and the pack quantity of the brand of the pharmaceutical item are the same;
then the price to pharmacists for the pack quantity of the brand of the pharmaceutical item is the amount worked out as follows:

PTP  =  AEMP or PEMP  +  $54.14
where:
PTP means the price to pharmacists for the pack quantity.
AEMP or PEMP means the approved ex‑manufacturer price or the proportional ex‑manufacturer price for the pack quantity.
 (10) If:
 (a) the ex‑manufacturer price for the relevant quantity of the brand of the pharmaceutical item is more than $720.00; and
 (b) the relevant quantity and the pack quantity of the brand of the pharmaceutical item are not the same;
then the price to pharmacists for the pack quantity of the brand of the pharmaceutical item is the amount worked out as follows:
PTP  =  AEMP or PEMP  +  ($54.14  x  (PQ/RQ))
where:
PTP means the price to pharmacists for the pack quantity.
AEMP or PEMP means the approved ex‑manufacturer price or the proportional ex‑manufacturer price for the pack quantity.
PQ means the pack quantity of the brand of the pharmaceutical item.
RQ means the relevant quantity of the brand of the pharmaceutical item.