Close X
Wednesday, December 11, 2024
ADVT 
National

Fear Mounting That Changes To Drug Pricing In Canada Could Stifle Innovation

Darpan News Desk The Canadian Press, 22 Aug, 2019 08:38 PM

    OTTAWA - Canadian patients and groups that advocate on their behalf are sounding the alarm about the federal government's recent changes to the way it regulates the cost of patented medicines.

     

    Toronto lawyer and longtime Liberal supporter Chris MacLeod, who lives with cystic fibrosis, says it pains him to speak out against the government but he fears lives could be on the line as a result of the changes.

     

    Health Canada recently finalized long-awaited amendments, which include providing the Patented Medicines Prices Review Board with the market price of medicines rather than an inflated list price.

     

    The department says the board can then consider whether the drug price actually reflects the value it has for patients.

     

    MacLeod, however, fears the regulations will ultimately drive the list prices down to the point where drug companies will not seek to bring new, game-changing medicines to Canada.

     

    The Canadian Organization for Rare Disorders shares MacLeod's concern, adding that while everyone wants to have access to medications at affordable prices, it risks making new therapies less available.

    MORE National ARTICLES

    Lawyers Urge Canada To Stop Chinese Exec's Extradition To U.S. On Fraud Charges

    VANCOUVER — Defence lawyers for a senior Huawei executive have asked Canada's foreign affairs minister to stop the extradition process against their client, saying the request made by the United States was for political purposes, not legitimate law enforcement reasons.

    Lawyers Urge Canada To Stop Chinese Exec's Extradition To U.S. On Fraud Charges

    Top B.C. Court Upholds Ruling That Struck Down Canada's Solitary Confinement Law

    Top B.C. Court Upholds Ruling That Struck Down Canada's Solitary Confinement Law
    VANCOUVER — British Columbia's Court of Appeal has upheld a lower court ruling that struck down Canada's solitary confinement law.

    Top B.C. Court Upholds Ruling That Struck Down Canada's Solitary Confinement Law

    Two Injured When Out-of-control Car Crashes Into Quebec Ferry At Dock: Police

    Two people were seriously injured Monday when their car crashed into a Quebec ferry.    

    Two Injured When Out-of-control Car Crashes Into Quebec Ferry At Dock: Police

    Ayanle Hassan Ali Who Attacked Military Personnel Should Be Deemed Terrorist: Crown

    Ayanle Hassan Ali was charged with attempted murder, assault causing bodily harm and assault with a weapon, as well as carrying a weapon, all for the benefit of a terrorist group in connection with the March 2016 knife attack.

    Ayanle Hassan Ali Who Attacked Military Personnel Should Be Deemed Terrorist: Crown

    Aviation Experts Question Security, Passenger Safety After Woman Left On Plane

    Aviation Experts Question Security, Passenger Safety After Woman Left On Plane
    Aviation experts are raising security and passenger safety concerns after a woman was left sleeping on a parked Air Canada aircraft with the lights turned off and crew gone.

    Aviation Experts Question Security, Passenger Safety After Woman Left On Plane

    Court Ruling Reveals Grim Details Of Lionel Desmond Suicide And Murders

     A court fight over life insurance has revealed for the first time disturbing details about how former Canadian soldier Lionel Desmond fatally shot his mother, wife and daughter before taking his own life in the family's home in rural Nova Scotia in early 2017.

    Court Ruling Reveals Grim Details Of Lionel Desmond Suicide And Murders