New drugs entering Canada at steady rate over past 5 years - Canada still among top 10 OECD countries in terms of access to new drugs

Patented Medicine Prices Review Board

10 February 2021 - The latest edition of the Patented Medicine Prices Review Board Meds Entry Watch reports that 40 new-to-Canada medicines were approved for market in 2018, of which 22 had reported sales by the end of 2019. 

This is in line with the annual rate of approximately nine new approvals per quarter since 2015, a trend that continued steadily into 2019.

Read Patented Medicine Prices Review Board press release

Michael Wonder

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Michael Wonder

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Medicine , Market access , Canada