The Value of the Innovative Pharmaceutical Industry – A Report Summary
This summary of a study by Deloitte combines a traditional economic impact analysis with targeted assessments of health system impacts […]
Connecting Canada to Better Health
Partnering to champion policies that drive the discovery, development and delivery of transformative medicines and vaccines.
BENEFITS OF INNOVATIVE MEDICINES
Real hope for patients and families
New medicines and vaccines save lives and help make our healthcare system more cost‑effective.
Transformation
Preventing or curing disease means extending lives, relieving suffering and improving people’s quality of life.
Safety
Promoting a robust regulatory protocol means ensuring safe and effective medicines for Canadians.
Sustainability
Supporting sustainable healthcare means we all spend more time enjoying life and being productive.
Industry impact In Canada
Better health outcomes
$25 billion
Total yearly economic impact
$3.5 billion
Invested annually in research and development
150,000
High-quality Canadian jobs
LATEST RESOURCES
Increasing Access to Innovative Medicines
Written Submission for the Pre-Budget Consultations in Advance of the 2026-2027 New Brunswick Budget
Increasing Access to Innovative Medicines
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Newfoundland and Labrador Budget
Pre-Budget Submission 2026
Innovative Medicines Canada (IMC) is pleased to contribute to the Quebec government’s consultations on its 2026-27 budget. Availability of and […]
Increasing Access to Innovative Medicines
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Ontario Budget January 2026
Increasing Access to Innovative Medicines
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Alberta Budget
Increasing Access to Innovative Medicines
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Nova Scotia Budget
LATEST PRESS RELEASES
Press Release November 20, 2025
Innovative Medicines Canada and Roche Canada Establish the Brigitte Nolet Scholarship for Indigenous Pathways into Life Sciences at York University
Ottawa, November 20, 2025 – Innovative Medicines Canada (IMC) and Roche Canada are proud to announce the creation of the […]
Press Release November 19, 2025
Innovative Medicines Canada Announces Gaby Bourbara as Chair of the Board of Directors
Ottawa, November 19, 2025 – Innovative Medicines Canada (IMC) is pleased to announce the appointment of Gaby Bourbara, President of […]
Press Release October 07, 2025
IMC Applauds Ontario Government’s Launch of New FAST Program to Accelerate Patient Access to Innovative Medicines
Toronto, October 7, 2025 – Innovative Medicines Canada (IMC) applauds the Government of Ontario for its pioneering announcement of the […]
Press Release September 19, 2025
IMC Congratulates C.D. Howe Institute on Timely Report Supporting Practical Pharmacare Solutions
Report is an Evidence-Based Contribution to One of Canada’s Most Important and Complex Health Policy Challenges Ottawa, Sept. 19, 2025 […]
Press Release September 19, 2025
Innovative Medicines Canada Launches Medicine Matters Canada
National Advocacy Platform will Champion Patient Access and Health Innovation Ottawa, September 16 – Innovative Medicines Canada (IMC) is proud […]
Press Release June 12, 2025
Pharmaceutical Industry Calls on G7 to Prioritize Innovation as Strategic Pillar for Health, Growth and Security
Geneva and Ottawa, June 12 – Ahead of the upcoming G7 Leaders’ Summit, the global pharmaceutical industry, represented by the […]
Press Release May 12, 2025
New Statistics Canada Data Reinforces Life Sciences as an Economic Engine
Innovative Pharmaceutical Industry Contributed $18.4 Billion to the Canadian Economy in 2022 Ottawa, May 12, 2024 – New data released […]
Press Release May 05, 2025
2025 Diversity and Equity in Research Award Nominations Now Open
Nominate Trailblazers in Health Equity Ottawa, May 5, 2025 – The Health Research Foundation (HRF) of Innovative Medicines Canada is […]
