Close X
Tuesday, December 3, 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

    Police Watchdog Notified After Alleged Kidnapper Falls Up To 11 Storeys Into Bush Attempting To Flee From Burnaby RCMP

    Police Watchdog Notified After Alleged Kidnapper Falls Up To 11 Storeys Into Bush Attempting To Flee From Burnaby RCMP
    RCMP has notified the Independent Investigations Office of British Columbia (IIO BC) of an incident which resulted in one man being taken to hospital late yesterday evening in Burnaby.

    Police Watchdog Notified After Alleged Kidnapper Falls Up To 11 Storeys Into Bush Attempting To Flee From Burnaby RCMP

    B.C. Seniors Will No Longer Have To Accept First Available Long-Term Care Bed

    B.C. Seniors Will No Longer Have To Accept First Available Long-Term Care Bed
    Seniors in British Columbia will have more long-term care options and choices starting this month.

    B.C. Seniors Will No Longer Have To Accept First Available Long-Term Care Bed

    B.C. River Unsafe For Crews After Slide But Blocked Fish Could Be Moved: DFO

    Salmon blocked from migrating upstream to spawning grounds could be trapped and trucked above an obstruction following a rock slide in British Columbia's Fraser River, a spokeswoman for Fisheries and Oceans Canada said Wednesday.  

    B.C. River Unsafe For Crews After Slide But Blocked Fish Could Be Moved: DFO

    Canada-Wide Warrant Issued For Sex Offender Jonathan Cardinal Missing From Vancouver Halfway House

    Vancouver Police are asking for the public’s help in locating 29-year-old Jonathan Cardinal, a federal sex offender, after he failed to return to his halfway house in Vancouver on July 2.

    Canada-Wide Warrant Issued For Sex Offender Jonathan Cardinal Missing From Vancouver Halfway House

    Supreme Court Of Canada Rejects Saskatchewan Hit-Man Murder Appeal

    Supreme Court Of Canada Rejects Saskatchewan Hit-Man Murder Appeal
    Joshua Dylan Petrin was a high-ranking drug trafficker when he asked two of his associates to "take care" of his right-hand man, who was planning to walk away from their criminal enterprise without his permission.

    Supreme Court Of Canada Rejects Saskatchewan Hit-Man Murder Appeal

    Former N.S. Mountie Sentenced To Decade In Prison For Theft, Cocaine Trafficking

    Former N.S. Mountie Sentenced To Decade In Prison For Theft, Cocaine Trafficking
    A former Nova Scotia Mountie has been sentenced to 10 years in a minimum security prison for stealing 10 kilograms of cocaine from an exhibit locker and arranging sales that earned him $100,000 in cash.

    Former N.S. Mountie Sentenced To Decade In Prison For Theft, Cocaine Trafficking