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

    Surrey RCMP Investigate Shots Fired Overnight In Whalley

    Surrey RCMP Investigate Shots Fired Overnight In Whalley
    Surrey RCMP is investigating a shots fired in the Whalley area of Surrey.    

    Surrey RCMP Investigate Shots Fired Overnight In Whalley

    No One Hurt, Some Sprayed With Oil: Vancouver Amusement Park Ride Breaks Down

     Visitors to a popular Vancouver amusement park were showered with oil but no one was seriously hurt when a ride known as The Beast broke down on Monday.

    No One Hurt, Some Sprayed With Oil: Vancouver Amusement Park Ride Breaks Down

    'Mika Singh Night' In Karachi Had ISI Officials, Dawood Ibrahim’s Family On Guest List

    Netizens are miffed that #MikaSingh chose to perform in Karachi despite being aware of the recent conflict between the two nations  

    'Mika Singh Night' In Karachi Had ISI Officials, Dawood Ibrahim’s Family On Guest List

    Pilot Dead After Plane Carrying Two People Crashes In Northwestern Quebec: Police

    The pilot of a small plane has died and his passenger was seriously injured when the aircraft crashed Sunday night in northwestern Quebec.

    Pilot Dead After Plane Carrying Two People Crashes In Northwestern Quebec: Police

    New Analysis Finds Link Between Vaping And Cannabis Use In Teens, Young Adults

    Pediatrician Nicholas Chadi's analysis of previous research, published in JAMA Pediatrics, found that the likelihood of marijuana use was three to four times higher among youth who vaped.

    New Analysis Finds Link Between Vaping And Cannabis Use In Teens, Young Adults

    Homicide Victim Chynna Deese's Sister Accuses Fugitive's Dad Of Failing To Take Responsibility

    The sister of an American tourist says the father of one of the British Columbia men named as a suspect in the woman’s death isn't accepting his share of responsibility for her family's sorrow.

    Homicide Victim Chynna Deese's Sister Accuses Fugitive's Dad Of Failing To Take Responsibility