Posted by Michael Wonder on 03 May 2020
Canadian prescription drug prices come under scrutiny of U.S. trade representative
1 May 2020 - The United States is keeping Canada and its plans to overhaul its drug-pricing system on a “watch list” of countries deemed a peril to American intellectual property rights — just as a world racked by COVID-19 takes an interest access to in a California company’s experimental new drug treatment.
In its annual report on foreign threats to U.S. copyright holders, the office of the U.S. Trade Representative is raising concerns about Canada’s plan to change how it calculates the fair price of prescription drugs, though stopping short of Big Pharma’s demand that it be deemed a “priority” trouble spot.
