Close X
Wednesday, November 27, 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

    Collisions And Break And Enters See Downward Trend In Delta

    Collisions are down 10% in the second quarter, vs the same time last year. Thefts from auto are down 11.5% in the second quarter, compared to the same time last year.

    Collisions And Break And Enters See Downward Trend In Delta

    2 Bodies Discovered Near Ashcroft Believed To Be Missing Surrey Men: RCMP

    RCMP has announced the discovery of two bodies found on Sunday afternoon near Ashcroft, BC, which are believed to be two missing Surrey men- Ryan Provencher and Richard Scurr.

    2 Bodies Discovered Near Ashcroft Believed To Be Missing Surrey Men: RCMP

    OPED: ‘Election 2019 Time To Judge Justin Trudeau’

     “Justin Trudeau is trying to legitimize hypocrisy,” said Dr. Purewal, Conservative candidate from Fleetwood Port-Kells.   

    OPED: ‘Election 2019 Time To Judge Justin Trudeau’

    UPDATE: Collision With Motorcycle In Cloverdale Results In Serious Injuries

    UPDATE: Collision With Motorcycle In Cloverdale Results In Serious Injuries
    On August 17th at approximately 12:00 AM, Surrey RCMP responded to a two vehicle collision at the intersection of 56th Avenue at 184th Street.

    UPDATE: Collision With Motorcycle In Cloverdale Results In Serious Injuries

    MISSING: Police Looking For 34 Year Old Pregnant Brampton Woman BARINDER KAUR

    Barinder Kaur is female, South Asian, 5’1”, 165 pounds, brown eyes and long, straight black hair.

    MISSING: Police Looking For 34 Year Old Pregnant Brampton Woman BARINDER KAUR

    Mountie Not Guilty Of Manslaughter

    THOMPSON, Man. - A northern Manitoba RCMP officer has been found not guilty of manslaughter for an on-duty shooting that killed a drunk driver and injured a passenger.    

    Mountie Not Guilty Of Manslaughter