Canadians wait much longer for drugs than Americans and Europeans
by erecting impediments that make Canada’s pharmaceutical environment less attractive. These impediments include the lack of a dedicated “orphan” drug policy to incentivize manufacturers to develop drugs for rare disorders, few incentives to accelerate innovative medicines through the regulatory process, weaker intellectual property protection, and significant price evaluation hurdles.
Added to existing disincentives to submitting drugs, the federal government made matters worse in 2017 withto the Patented Medicine Prices Review Board, the government’s quasi-judicial tribunal tasked to prevent time-limited drug patents from being abused. The proposals caused an extraordinary degree of uncertainty among manufacturers, which resulted in even fewer new medicines submitted for approval in Canada.
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