Close X
Sunday, November 24, 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

    Man Arrested After Delta Police Respond To Stolen Vehicle On Highway 17

    Delta Police located the vehicle in the northbound lanes of 3200 block of Highway 17 around 5:50 pm, Aug. 11. Because the report involved an occupied stolen vehicle on a highway, police temporarily shut down traffic.

    Man Arrested After Delta Police Respond To Stolen Vehicle On Highway 17

    Liberals, Tories Evenly Matched When It Comes To War Chests For Local Campaigns

    The Liberals and Conservatives are matched fairly evenly when it comes to how ready their local campaigns are to pay for the coming federal election, a shift from when the big blue machine dominated the scene the last time around.

    Liberals, Tories Evenly Matched When It Comes To War Chests For Local Campaigns

    Trudeau, Toronto Mayor To Discuss Gun Violence

    Prime Minister Justin Trudeau and the mayor of Toronto will meet today to discuss the recent outbreak of gun violence in Canada's largest city.

    Trudeau, Toronto Mayor To Discuss Gun Violence

    Crown Won't Appeal Oland Verdict

    Oland, 51, was charged with the killing in 2013 and spent close to a year in prison after being convicted by a jury in 2015.

    Crown Won't Appeal Oland Verdict

    Manhunt Suspects Died By Apparent Suicide: Police

    Autopsies have confirmed two bodies found in northern Manitoba last week are those of two teenage murder suspects, who shot themselves.    

    Manhunt Suspects Died By Apparent Suicide: Police

    VIDEO: Andrew Scheer Condemns Woman Filmed Yelling Racial Slurs, Spitting On Man In Toronto

    VIDEO: Andrew Scheer Condemns Woman Filmed Yelling Racial Slurs, Spitting On Man In Toronto
    The racial slurs and intolerant comments made by an ostensible supporter of the federal Conservatives have no place in the country, the party's leader said

    VIDEO: Andrew Scheer Condemns Woman Filmed Yelling Racial Slurs, Spitting On Man In Toronto