top of page
ABOUT FORMULYTIX
Formulary Design. Pharmaceutical Analytics. Improved Pharmaceutical Access.
Formulytix is a lean, data-driven advisory and analytics business with a singular focus:
Helping Australian health insurers and their members get more value from every dollar spent on non-PBS medications.
We work behind the scenes — no dispensing, no patient-facing services — to help insurers manage their pharmacy extras cover more effectively. We identify cost-effective drug alternatives, unlock rebate opportunities, and design clean, actionable formularies that deliver better value within existing benefit structures.
WHAT WE DO
We partner with insurers to:
Design non-PBS formularies that promote clinically sound, cost effective options.
Model savings based on real drug prices and rebate opportunities.
Deliver quarterly preferred drug lists with tiering logic.
Negotiate rebates (or guide your team) so that preferred drugs generate return.
Track impact: out-of-pocket savings, rebate capture, and member uptake.
WHO WE WORK WITH
Health Insurers
Improve non-PBS coverage value without changing your systems or increasing spend
Pharmaceutical Companies
Access insurer-backed volumes and formulary placement without PBS delays
Pharmacies and Compounders
Align with preferred medications to increase dispensing volume
bottom of page