that, “If we had, today, good policy and good relations with the federal government, and a stimulating strategy, we would use whatever tools necessary to convince businesses like Merck to invest in Canada.” Pamela Fralick, the head of Innovative Medicines Canada, an industry group for a network of pharmaceutical companies, told thethat, should the measures go ahead, “innovative new medicines will not launch in Canada, depriving patients of potentially life-changing new treatments.
And yet, Canada has long paid significantly more than other countries for drugs. Per the board’s 2019 annual report , Canada pays more, as a percentage of its GDP, for pharmaceutical drugs than all but one of those comparator countries. When it comes to the actual price differential for common drugs, Canada is only a shade cheaper than Germany and Switzerland.
Innovative Medicines Canada penned a 30-page rebuttal, insisting that the changes could “result in negative consequences for Canadian patients, the health-care system, and the economy.”Here’s a plain reality: Canada’s domestic pharmaceutical industry has been hollowing out for years. “The opposite happened, right?” they added, pointing out the R&D has dropped by half. “So there’s never been any support for the fact that we have to charge more so that we can develop more.”
Cause they can still go with recycled child care! It's only 30 years old! TrudeauMustGo
teririch he found out what it would cost.
Victoria guy here...opioids are a bargain here - free! I wish my craft beer was free.
He doesn't care - never did just wants the power to send hundreds of billions $$ out of Canada and prepare to let China in uncontested
Covid visited and cost us a lot of money.
JSiculli In many cases it is the corrupt premiers who just say, gives us the money and we will handle it. Kenny's pockets are bottomless
Justin_Ling A good article, but an unfortunate headline that doesn't really reflect its contents.
Justin_Ling Didn't they just sign a deal with PEI? Have to start somewhere.
new lies in the works
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