Close X
Wednesday, December 11, 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 Say Man In His 30s Is Dead In Fifth Homicide In Vancouver In 2019

    Police Say Man In His 30s Is Dead In Fifth Homicide In Vancouver In 2019
    Police say they were called Tuesday night to reports of a shooting in an apartment building near Main Street.

    Police Say Man In His 30s Is Dead In Fifth Homicide In Vancouver In 2019

    Mounties Put More Eyes In The Sky With Expanding Drone Fleet

    OTTAWA — Newly disclosed records show the RCMP has assembled a fleet of more than 200 flying drones — eyes in the sky that officers use for everything from accident-scene investigation to protecting VIP visitors.

    Mounties Put More Eyes In The Sky With Expanding Drone Fleet

    'Wasn't On The Radar:' Parents Accused In Son's Death Unaware He Had Meningitis

    LETHBRIDGE, Alta. — The father of a toddler who died of bacterial meningitis says he and his wife didn't realize their son had contracted the potentially deadly disease.

    'Wasn't On The Radar:' Parents Accused In Son's Death Unaware He Had Meningitis

    Second Banff Grizzly Dies After Being Struck By Vehicle: Parks Canada

    Second Banff Grizzly Dies After Being Struck By Vehicle: Parks Canada
    BANFF, Alta. — Motorists in Banff National Park are being urged to heed speed limits and report wildlife sightings after the second grizzly bear in three weeks died from a vehicle strike.

    Second Banff Grizzly Dies After Being Struck By Vehicle: Parks Canada

    Alberta Government, Opposition Swap Accusations, Attacks In Earplug Debate

    Alberta Government, Opposition Swap Accusations, Attacks In Earplug Debate
    Alberta's earplug debate got louder Monday as the Opposition NDP accused Premier Jason Kenney of lying and sought to have Government House Leader Jason Nixon found in contempt of the legislature.

    Alberta Government, Opposition Swap Accusations, Attacks In Earplug Debate

    Mysterious Group Behind Mass Text Message Seeking Views On Carbon Tax

    Mysterious Group Behind Mass Text Message Seeking Views On Carbon Tax
    Many Ontarians received an automated text message over the weekend, asking if they agree that the carbon tax must be scrapped.

    Mysterious Group Behind Mass Text Message Seeking Views On Carbon Tax