VANCOUVER—Ottawa’s drug pricing changes may result in lower costs, but will also likely reduce Canadians’ access to life-saving pharmaceuticals and potentially discourage investment in Canada’s pharmaceutical sector, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“The core issue is that Ottawa’s changes to the Patented Medicines Regulations are intended to reduce prices, but will also likely result in delayed – or worse, limited – access to new life-saving medicines,” said Kristina Acri, Chair of the Economics and Business Department at Colorado College, senior fellow at the Fraser Institute and author of An Evaluation of the Proposed PMPRB Amendments.
