Posted by Michael Wonder on 05 Aug 2021
Canadian agency loses a battle in effort to force a drug maker to lower ‘excessive’ pricing
4 August 2021 - In a withering ruling, a Canadian appeals court overturned a controversial decision issued four years ago by a government agency that ordered Alexion Pharmaceuticals to lower the price of a rare disease medicine and reimburse the government for “excessive” pricing.
The ruling follows a long-running struggle that began after the drug maker six years ago refused to lower its price for Soliris, which, depending upon the disease, costs approximately $400,000 to $560,000 per patient.
