The real story behind the sudden drop in Canada's drug prices - News Summed Up

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


By Vik AdhopiaSomething unprecedented happened this week in the opaque world of Canadian drug pricing. The news broke on Monday when the industry group representing Canada's generic drug makers, the Canadian Generic Pharmaceutical Association, announced they'd reached a new pricing deal with the federal, provincial and territorial governments (except Quebec). So what do the generic drug companies get in return for dropping their prices? Erin MacFarlane of Environics PR responded in an email: "We're working with Sanofi Pasteur on this and partnering with CARP." "Sanofi Pasteur did not request its name be kept off the email communication," the company told CBC News.


Source: CBC News February 03, 2018 15:33 UTC



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