Close X
Monday, December 2, 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

    Trailers, Vehicles, Boats Removed From Saskatchewan Campground After Tornadoes

    Trailers, Vehicles, Boats Removed From Saskatchewan Campground After Tornadoes
    GOODSOIL, Sask. — Cleanup continues at a Saskatchewan campground following two tornadoes that snapped trees and caused severe damage on the Canada Day long weekend.

    Trailers, Vehicles, Boats Removed From Saskatchewan Campground After Tornadoes

    Governor General Julie Payette Won't Move Into Rideau Hall Until Further Notice

    OTTAWA — The Governor General will not move into her official residence in Ottawa this summer and there is no date for when she might.    

    Governor General Julie Payette Won't Move Into Rideau Hall Until Further Notice

    'Naive' Canada Shouldn't Believe Trump Asked Xi About Kovrig, Spavor: China

    OTTAWA — The Chinese government is accusing Prime Minister Justin Trudeau of being naive in assuming that President Donald Trump did him any favours by raising the case of two imprisoned Canadians with President Xi Jinping.

    'Naive' Canada Shouldn't Believe Trump Asked Xi About Kovrig, Spavor: China

    Montreal Unveils Plan To Respond To Heatwaves After 66 Deaths Last Year

    Montreal's mayor is unveiling the city's plan to respond to heatwaves after dozens of people died amid high temperatures last summer.

    Montreal Unveils Plan To Respond To Heatwaves After 66 Deaths Last Year

    Firefighter Rappels Down P.E.I. Embankment To Rescue Frightened Dog From Ledge

    Firefighter Rappels Down P.E.I. Embankment To Rescue Frightened Dog From Ledge
    CORNWALL, P.E.I. — P.E.I. firefighters ably handled an unlikely rescue mission on Tuesday: A frightened dog that had fallen onto a rocky outcropping.

    Firefighter Rappels Down P.E.I. Embankment To Rescue Frightened Dog From Ledge

    Newfoundland Travellers Contract Mysterious Disease Traced To Cave Trip In Cuba

    Terri Murphy of Paradise, N.L., travelled to Cuba with her husband on April 27, but her fever-like symptoms didn't appear until May 21, weeks after she returned home.    

    Newfoundland Travellers Contract Mysterious Disease Traced To Cave Trip In Cuba