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The government has waived £100 million in excess margin for pharmacies in England, although it has not budged on the £2.5 billion a year in funding it agreed with PSNC as part of a multi-year deal in 2019.
In a move the Pharmaceutical Services Negotiating Committee (PSNC) lauded as “critical for contractors”, the “hard-won” agreement to write-off excess margin means that Drug Tariff
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