The real story behind the sudden drop in Canada's drug prices

CNBC News

3 February 2018 - And is Ontario offering a college diploma in 'pseudoscience?'

Something unprecedented happened this week in the opaque world of Canadian drug pricing.

Some generic prescription drugs just got a lot cheaper for everyone — and the actual prices are no longer a secret. The sudden price cut is a big deal because Canada is near the top of the list in drug spending per capita compared to other industrialized countries.

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Michael Wonder

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Michael Wonder

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Medicine , Regulation , Pricing , Canada