Ottawa unveils new draft regulations for drug-pricing

Globe and Mail

2 December 2017 - The Trudeau government is plowing ahead with an overhaul of the country's drug-pricing rules, unveiling draft regulations on Friday that are expected to save Canadians about $13-billion over 10 years.

One of the biggest changes would be the removal of the United States – which has the highest drug prices in the world – from the list of countries Canada uses to determine price ceilings.

But the reforms would put less emphasis on international price comparisons than the current system and add an emphasis on a drug's value for the money.

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Michael Wonder

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Michael Wonder

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Medicine , Regulation , Pricing , Canada