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

    Witnesses Sought In Brampton Homicide Of 20-Year-Old Gurjot Dhaliwal

    Investigators believe there are witnesses that have not had the opportunity to speak with officers about this incident.

    Witnesses Sought In Brampton Homicide Of 20-Year-Old Gurjot Dhaliwal

    BHAVKIRAN DHESI HOMICIDE: GURVINDER DEO (25) And TALWINDER KHUN KHUN (22) Arrested By IHIT, Additional Charges Laid

    BHAVKIRAN DHESI HOMICIDE: GURVINDER DEO (25) And TALWINDER KHUN KHUN (22) Arrested By IHIT, Additional Charges Laid
    Two men have been arrested and charged in connection with the 2017 homicide of Bhavkiran Dhesi in Surrey.

    BHAVKIRAN DHESI HOMICIDE: GURVINDER DEO (25) And TALWINDER KHUN KHUN (22) Arrested By IHIT, Additional Charges Laid

    B.C.'s Police Watchdog Investigates Man's Fall From North Vancouver Apartment

    B.C.'s Police Watchdog Investigates Man's Fall From North Vancouver Apartment
    VANCOUVER — B.C.'s police watchdog has started an investigation after a man who police were searching for in North Vancouver fell from a third-floor window.

    B.C.'s Police Watchdog Investigates Man's Fall From North Vancouver Apartment

    Father And Son Unveil Reconciliation Pole In B.C. On Indigenous Peoples Day

    James Harry says it was empowering to design the pole with his dad, Xwalacktun.

    Father And Son Unveil Reconciliation Pole In B.C. On Indigenous Peoples Day

    Royal Nova Scotia Tattoo: Online Scalpers Pick On The Wrong Event

     Over the past 40 years, the Royal Nova Scotia International Tattoo has grown to become the world's largest indoor celebration of military music and traditions.

    Royal Nova Scotia Tattoo: Online Scalpers Pick On The Wrong Event

    Montreal Street To Be Renamed Atateken After Amherst's Fall From Grace

    MONTREAL — A Montreal street named after the British general Jeffery Amherst is being renamed Atateken Street in honour of the local Indigenous population.

    Montreal Street To Be Renamed Atateken After Amherst's Fall From Grace