Medicine Spending Boosts Economy by 93% - NZ Research

New research from BusinessNZ highlights the long-term economic benefits of investing more in medicine. The report shows that every dollar invested returns $1.93 to the economy, indicating a significant return on investment.

BusinessNZ CEO Katherine Rich emphasized the importance of this investment, stating that it can boost productivity and improve the quality of life for New Zealand families. She noted that it takes up to six years to get a new drug through the approval process, and these drugs are available freely in countries like Australia and globally.