PBAC

The tricky economics of subsidising psychedelics for mental health therapy

Retrieved on: 
Monday, May 1, 2023

There are still major issues to work out for this move to benefit those most in need.

Key Points: 
  • There are still major issues to work out for this move to benefit those most in need.
  • In particular, there is the question of whether psychedelic medicines will be publicly subsidised, given the lack of data about their cost-effectiveness compared with other treatments.
  • But mental health experts such as former Australian of the Year Patrick McGorry questioned the sufficiency of evidence.

Will they be subsidised?

    • One estimate is $20,000 to $30,000, comprising the cost of the medication and therapists’ time for sessions.
    • The bureaucratic requirements to import these medications include a permit from the TGA and an import licence and permit from the Office of Drug Control.
    • This will need endorsement from the Medicare Services Advisory Committee (MSAC), which is not a statutory committee like the Pharmaceutical Benefits Advisory Committee but has a similar function.

Are they cost-effective?

    • The first of these studies was published in 2020, the second in February 2022 and the third in March 2022.
    • They were also based on the treatment patterns and costs from the US that differ to those in Australia.
    • PBAC and MSAC will likely need to carefully weigh this type of evidence to make an assessment about cost-effectiveness.

Estimating ‘off-label’ use

    • Such estimates are complicated by the risk of off-label use – psychiatrists prescribing psilocybin and MDMA for purposes not listed by the TGA.
    • This is despite the rules for prescribing quetiapine (the prescriber must state why they are prescribing it).
    • Christopher Langmead receives funding from the National Health and Medical Research Council, Medical Research Future Fund, Therapeutic Innovation Australia, and Servier Australia.
    • He is co-founder and chief executive of Phrenix Therapeutics Pty Ltd, a biotechnology company developing new medicines for mental health disorders.

New asthma medicine restrictions will hurt the poorest children the most

Retrieved on: 
Wednesday, April 12, 2023

Last week, without warning, the federal government significantly restricted the subsidy for an important and safe asthma medicine for children.

Key Points: 
  • Last week, without warning, the federal government significantly restricted the subsidy for an important and safe asthma medicine for children.
  • The medicine, fluticasone propionate 50mcg, is a metered-dose inhaler, more commonly known by the brand names Flixotide Junior or Axotide Junior.

The importance of asthma prevention

    • When a child has asthma, inflammation and sensitivity causes airway narrowing, which makes it hard to breathe.
    • About one in ten Australian children has long-term asthma.
    • Children with persistent or severe asthma symptoms need medicines to reduce airway inflammation.

How medicine subsidy decisions work

    • To be sold in Australia, all prescription medicines must be registered by the Therapeutic Goods Administration, which assesses the safety and efficacy of the medicine.
    • The Pharmaceutical Benefits Scheme (PBS) is a list of medicines our government helps to pay for.
    • To get a drug on the list, the manufacturer needs to convince the Pharmaceutical Benefits Advisory Committee (PBAC) the medicine is cost-effective.

The new rules

    • The new PBS rules are complicated.
    • First, no one over the age of six will get any government subsidy to help with the cost of this medicine.
    • Alternatively, the Pharmaceutical Benefits Advisory Committee may place restrictions on the population for whom the medicine is subsidised.

What does it mean for families?


    In children over the age of six, several alternative medicines can be prescribed. But in children under five, there are no good alternatives, with no other age-appropriate low-dose steroid inhalers approved by the TGA. In the under-five age group, GPs now have three options if they think their patient needs inhaled steroids:
    • The use of private scripts will mean families need to pay whatever their local pharmacy charges them.
    • The Australian Asthma Handbook is a project of the National Asthma Council Australia.
    • The National Asthma Council Australia has received funding from GSK for some activities, but is not a sponsor of the Handbook.
    • The Australian Asthma Handbook is a project of the National Asthma Council Australia.
    • The National Asthma Council Australia has received funding from GSK for some activities, but is not a sponsor of the Handbook.

Axiomatics Partners with Authomize to Deliver the First Policy-Based Access Control Approach to OpenITDR

Retrieved on: 
Wednesday, March 1, 2023

With the proliferation of work from anywhere and challenges like cybersecurity talent shortages, identity and access are prime attack surfaces for hackers.

Key Points: 
  • With the proliferation of work from anywhere and challenges like cybersecurity talent shortages, identity and access are prime attack surfaces for hackers.
  • Modern identity threats can subvert traditional identity and access management (IAM) preventative controls, such as multifactor authentication (MFA).
  • With this partnership, organizations can take advantage of solutions from both Axiomatics and Authomize to execute a more advanced approach to identity-first security and ITDR initiatives.
  • OpenITDR is available on Github and is open to vendors, integrators, customers and anyone from the ITDR community.

PlainID Achieves Significant 2022 Milestones

Retrieved on: 
Wednesday, February 15, 2023

TEL AVIV, Israel and NEW YORK, Feb. 15, 2023 /PRNewswire/ -- PlainID, the Authorization Company™, today announces its 2022 milestones, including launching the industry's first Authorization-as-a-Service platform powered by Policy-based Access enabling Identity-First Security while also strategically expanding its global sales and marketing team and growing revenue by over 50 percent.

Key Points: 
  • Additionally, the company added pre-built, third-party PlainID Authorizers ™, which provide access control for vital authorization enforcement patterns, authorization for API Gateways, Microservices, and data lakes.
  • "Last year, PlainID made significant headway in high-profile verticals including financial services, government, healthcare and insurance companies," said Oren Ohayon Haren, PlainID's CEO and co-founder.
  • Throughout 2022, PlainID announced several strategic moves and partnerships contributing to its customer growth, including:
    The PlainID Technology Network : Developed with PlainID partners, the Network delivers PlainID's cutting-edge technology worldwide to help organizations securely transform authorization and access control.
  • iC Consult : Positions PlainID as a strategic reseller and systems integrator for PlainID products, providing the necessary expertise required to consult and deliver on authorization requirements for any customer.

PlainID Launches The PlainID Technology Network to Enable Identity Aware Security for Advanced Access Control

Retrieved on: 
Tuesday, December 20, 2022

TEL AVIV, Israel and NEW YORK, Dec. 20, 2022 /PRNewswire/ -- PlainID, The Authorization Company™, the leading provider of authorization and policy-based access control, officially announces its PlainID Technology Network. Developed with PlainID partners, the Network delivers PlainID's cutting-edge technology worldwide to help organizations securely transform authorization and access control.

Key Points: 
  • TEL AVIV, Israel and NEW YORK, Dec. 20, 2022 /PRNewswire/ -- PlainID , The Authorization Company™, the leading provider of authorization and policy-based access control, officially announces its PlainID Technology Network.
  • Developed with PlainID partners, the Network delivers PlainID's cutting-edge technology worldwide to help organizations securely transform authorization and access control.
  • The mission of the PlainID Technology Network is to enable identity-aware security across all segments of the enterprise technology stack by optimizing integration with mission-critical adjacent technologies.
  • Working with global partners, the PlainID Technology Network delivers industry-leading authorization and access technologies - helping transform and modernize security.

PlainID Announces Strategic Partnership with Dremio

Retrieved on: 
Wednesday, November 30, 2022

TEL AVIV, Israel and NEW YORK, Nov. 30, 2022 /PRNewswire/ -- PlainID, The Authorization Company™, the leading provider of authorization and policy-based access control, today announced a strategic partnership with Dremio, the easy and open data lakehouse company. This partnership enables Dremio clients to leverage PlainID's central access control platform to manage and control access to data via Dremio, allowing for advanced access controls as part of their overall data security strategy.

Key Points: 
  • TEL AVIV, Israel and NEW YORK, Nov. 30, 2022 /PRNewswire/ -- PlainID , The Authorization Company, the leading provider of authorization and policy-based access control, today announced a strategic partnership with Dremio , the easy and open data lakehouse company.
  • This partnership enables Dremio clients to leverage PlainID's central access control platform to manage and control access to data via Dremio, allowing for advanced access controls as part of their overall data security strategy.
  • PlainID protects that data by externalizing authorization and centralizing its management through its PlainID Authorization Platform and PlainID Authorizers.
  • The PlainID Authorization Platform enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.

PlainID Partners with Leading Data Integration and Management Provider Denodo

Retrieved on: 
Wednesday, October 26, 2022

TEL AVIV, Israel and NEW YORK, Oct. 26, 2022 /PRNewswire/ -- PlainID, The Authorization Company™, the leading provider of authorization and policy-based access control, has announced a strategic partnership with Denodo, a leader in data management. This partnership enables Denodo clients to centrally manage access to data in motion using policy to control access to data in complex enterprise environments.

Key Points: 
  • With the rapid growth of data, there is growing pressure on enterprises' security and data teams to ensure data is not exposed to unauthorized users.
  • PlainID protects data by externalizing authorization and centralizing its management via The PlainID Authorization Platform and PlainID Authorizers.
  • Authorization enforcement is distributed to a PlainID Authorizer for Denodo, which sits inside the Denodo security layer and addresses data security dynamically and contextually at scale for all users who access data and applications managed by Denodo for business intelligence and data projects.
  • The award-winning Denodo Platform is the leading data integration, management, and delivery platform using a logical approach to enable self-service BI, data science, hybrid/multi-cloud data integration, and enterprise data services.

PlainID Joins Identity Defined Security Alliance

Retrieved on: 
Tuesday, October 11, 2022

TEL AVIV, Israel and NEW YORK, Oct. 11, 2022 /PRNewswire/ -- PlainID, the Authorization Company™, has announced that it is now a member of the Identity Defined Security Alliance (IDSA), a vendor-neutral resource for organizations focused on securing digital identities to reduce the risk of an identity-related breach.

Key Points: 
  • The Authorization Company joins the Identity Defined Security Alliance initiative, highlighting the need for modern identity-based solutions
    TEL AVIV, Israel and NEW YORK, Oct. 11, 2022 /PRNewswire/ -- PlainID , the Authorization Company, has announced that it is now a member of the Identity Defined Security Alliance (IDSA), a vendor-neutral resource for organizations focused on securing digital identities to reduce the risk of an identity-related breach.
  • "Even more appropriately, October is Cybersecurity Awareness Month, and IDSA's themeBe Identity Smartemphasizes the importance of why identity should be a critical component of every security strategy.
  • The IDSA is a group of identity and security vendors, solution providers, and practitioners that serves as an independent source for thought leadership, expertise, and practical guidance on identity-centric approaches to security.
  • Membership in the Identity Defined Security Alliance is open to technology vendors and solution providers committed to the vision of an identity-centric approach to security.

PlainID, The Authorization Company™, Announces thought leadership collaboration with The Cyber Hut

Retrieved on: 
Thursday, September 1, 2022

TEL AVIV, Israel and NEW YORK, Sept. 1, 2022 /PRNewswire/ -- PlainID, the Authorization Company™, announces today the release of "Build vs Buy: Guide to Evaluating Authorization" in collaboration with Simon Moffatt, founder and analyst of The Cyber Hut.

Key Points: 
  • TEL AVIV, Israel and NEW YORK, Sept. 1, 2022 /PRNewswire/ -- PlainID , the Authorization Company, announces today the release of "Build vs Buy: Guide to Evaluating Authorization" in collaboration with Simon Moffatt, founder and analyst of The Cyber Hut.
  • The Authorization Company, is the recognized leader in Authorization as a Service powered by Policy Based Access Control (PBAC).
  • PlainID's simple, straightforward solution to authorization management enables organizations to create, manage and enforce authorization policies across an enterprise.
  • The PlainID Authorization Platform enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.

PlainID, The Authorization Company™, Announces its General Availability Release of PlainID's SaaS enabled Authorization Platform

Retrieved on: 
Monday, August 22, 2022

TEL AVIV and NEW YORK, Aug. 22, 2022 /PRNewswire/ -- PlainID, the Authorization Company™, announces today the general release of its highly anticipated "Authorization-as-a-Service," SaaS-enabled Authorization Platform.

Key Points: 
  • Additionally, PlainID announces the release of several new PlainID Authorizers including Data Authorizers for Snowflake, Google BigQuery, Denodo and SDK for SQL filtering.
  • PlainID Authorizers allow authorization policies to provide advanced data security by enforcing vital access points across a distributed computing environment, including authorization for API gateways, microservices, and data.
  • This product announcement marks a key milestone in PlainID's growth and documents the relevance of authorization in the modern business.
  • The PlainID Authorization Platform enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.