Close X
Sunday, December 1, 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

    Supreme Court Won't Hear WestJet Appeal In Harassment Case

    Supreme Court Won't Hear WestJet Appeal In Harassment Case
    OTTAWA - WestJet Airlines has lost a legal bid to put an end to a proposed class-action harassment lawsuit.    

    Supreme Court Won't Hear WestJet Appeal In Harassment Case

    Wife Of Jailed Saudi Blogger Hails U.S. Vice-president Mike Pence's Call For Husband's Release

    The wife of jailed Saudi dissident Raif Badawi says she is grateful U.S. Vice-President Mike Pence has called on Saudi Arabia to free her husband.

    Wife Of Jailed Saudi Blogger Hails U.S. Vice-president Mike Pence's Call For Husband's Release

    Defence Calling No Evidence In Case Of German Tourist Shot West Of Calgary

    CALGARY - The defence is calling no evidence on behalf of a youth accused of shooting a German tourist in the head on a highway west of Calgary last summer.

    Defence Calling No Evidence In Case Of German Tourist Shot West Of Calgary

    Judge Rejects Groups' Attempt To Have Quebec Secularism Law Suspended

    MONTREAL - A judge today rejected an attempt by religious and civil liberties groups to have Quebec's secularism law suspended.    

    Judge Rejects Groups' Attempt To Have Quebec Secularism Law Suspended

    Amnesty International Urges Liberals To Suspend Refugee Agreement With U.S.

    Amnesty International Urges Liberals To Suspend Refugee Agreement With U.S.
    Amnesty International is calling on the Canadian government to suspend its Safe Third Country agreement with the United States in light of a controversial new refugee policy implemented this week by the Trump administration.

    Amnesty International Urges Liberals To Suspend Refugee Agreement With U.S.

    Surrey City Councillor Jack Hundial Leaves Safe Surrey Coalition

    Jack Hundial has become the third councillor to resign from Mayor Doug McCallum's Safe Surrey Coalition    

    Surrey City Councillor Jack Hundial Leaves Safe Surrey Coalition