Close X
Friday, November 29, 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

    More 'Work To Do' To Mobilize Canadians On Climate Change Action: Trudeau

    More 'Work To Do' To Mobilize Canadians On Climate Change Action: Trudeau
    Prime Minister Justin Trudeau says he has more work to do to sell Canadians on his vision for more action to fight climate change.

    More 'Work To Do' To Mobilize Canadians On Climate Change Action: Trudeau

    B.C.'s New Speculation Tax Funnels $115 Million Into Affordable Housing

    The British Columbia government says its new speculation and vacancy tax has pumped $115 million into a fund to create more affordable housing.

    B.C.'s New Speculation Tax Funnels $115 Million Into Affordable Housing

    Big, Old B.C. Trees Produce Mutations Over Time That Could Improve Success: UBC

    Big, Old B.C. Trees Produce Mutations Over Time That Could Improve Success: UBC
    VICTORIA - Researchers collected DNA from the tops of some of Canada's tallest trees to search for mutations that could provide evidence of how the ancient forest giants evolve to survive.

    Big, Old B.C. Trees Produce Mutations Over Time That Could Improve Success: UBC

    Developer Offers Disputed Oka Land To Kanesatake Mohawks As Ecological Gift

    A Quebec land developer says he's signed an agreement with the Mohawk Council of Kanesatake to return a parcel of forest that was central to the Oka crisis that began 29 years ago today.

    Developer Offers Disputed Oka Land To Kanesatake Mohawks As Ecological Gift

    35 Passengers Injured On Air Canada Flight From Vancouver To Australia After Plane Hits Turbulence

    Nearly three dozen passengers and crew sustained minor injuries Thursday when an Air Canada flight travelling from Toronto to Sydney, Australia, ran into severe turbulence, prompting an emergency landing in Honolulu.

    35 Passengers Injured On Air Canada Flight From Vancouver To Australia After Plane Hits Turbulence

    Lawyer For B.C. Father Charged With Killing Children Accuses Mother Of Lying

    A mother wept at her estranged husband's trial for the murder of their daughters when a defence lawyer accused her of lying about when she learned the man's electricity had been shut off.

    Lawyer For B.C. Father Charged With Killing Children Accuses Mother Of Lying