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

    Judge Won't Dismiss Charges Against Alberta Couple Charged In Meningitis Death

    LETHBRIDGE, Alta. — An Alberta judge rejected a defence application Thursday to dismiss the case against a couple charged in the meningitis death of their toddler.

    Judge Won't Dismiss Charges Against Alberta Couple Charged In Meningitis Death

    Analysis: Trudeau-Trump Washington Meeting Helps End Canada's Global Loneliness

    WASHINGTON — Canada suddenly became a little less lonely in the world after Prime Minister Justin Trudeau's meeting in Washington with President Donald Trump this week.

    Analysis: Trudeau-Trump Washington Meeting Helps End Canada's Global Loneliness

    'Swastika Trail' Stands: Court Won't Interfere With Ontario Township Vote

    'Swastika Trail' Stands: Court Won't Interfere With Ontario Township Vote
    TORONTO — An Ontario township was within its rights to maintain the name of a street called Swastika Trail, despite the passionate objections of some residents, Divisional Court has ruled.    

    'Swastika Trail' Stands: Court Won't Interfere With Ontario Township Vote

    Stepmother Of Quebec Girl Who Died In April Now Faces Second-Degree Murder Charge

    Stepmother Of Quebec Girl Who Died In April Now Faces Second-Degree Murder Charge
    GRANBY, Que. — The stepmother of a seven-year-old Quebec girl who died under troubling circumstances now faces a charge of second-degree murder.

    Stepmother Of Quebec Girl Who Died In April Now Faces Second-Degree Murder Charge

    Fraud, Money Laundering Charges Laid Against 4 Executives With Vancouver’s PacNet Services

    VANCOUVER — Four executives of a Vancouver-based payment-processing firm have been charged in what the U.S. Department of Justice says was a massive fraud scheme.

    Fraud, Money Laundering Charges Laid Against 4 Executives With Vancouver’s PacNet Services

    As Parliament Rises, Which Bills Made It Through — And Which Ones Didn't

    As Parliament Rises, Which Bills Made It Through — And Which Ones Didn't
    The House of Commons and Senate have risen for the summer, following several weeks of frenzied legislating as MPs hurried key pieces of legislation out the door ahead of an election this fall.

    As Parliament Rises, Which Bills Made It Through — And Which Ones Didn't