WASHINGTON, Jan. 1 -- Emma McBride, Australian Assistant Minister for Mental Health and Suicide Prevention, speaking at a press conference at The Entrance on the Central Coast of New South Wales, said that the government has reduced the maximum cost of Pharmaceutical Benefits Scheme medicines to $25 and frozen concession scripts at $7.70. McBride said the price cut, effective Jan. 1, 2026, is expected to save Australians about $200 million annually and ease cost pressures that have caused many p . . .

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