Federal task force report marks important step for Canada’s life sciences sector
Ottawa, July 24, 2026 – Innovative Medicines Canada (IMC) acknowledges today’s publication of the Pharmaceutical and Life Sciences Sector Task […]

Timely access to new medicines saves lives, improves health outcomes, reduces pressure on the healthcare system, boosts economic productivity, and helps make Canada a more attractive destination for future investment and innovation.
Canadian patients wait an average of two years for access to approved new medicines through public drug plans. In most peer countries, patients gain access to approved new medicines more than a year sooner.
Delays in patient access to medicines lead to:
Provincial and territorial governments can take two immediate steps to significantly reduce delays:
Explore the latest developments related to access to medicine in Canada.
Ottawa, July 24, 2026 – Innovative Medicines Canada (IMC) acknowledges today’s publication of the Pharmaceutical and Life Sciences Sector Task […]
Ottawa, July 23, 2026 – Innovative Medicines Canada (IMC) welcomes today’s call from Canada’s Premiers, issued at the Council of […]
November 4, 2025 (Ottawa)—Today’s federal budget outlined ambitious plans to reduce government spending while making generational investments to strengthen Canada’s […]
Written Submission for the Pre-Budget Consultations in Advance of the 2026-2027 New Brunswick Budget
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Newfoundland and Labrador Budget
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Ontario Budget January 2026
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Alberta Budget
Written Submission for the Pre-Budget Consultations in Advance of the 2026 Nova Scotia Budget
The private drug insurance market in Canada saw a 7.3% total cost growth in 2023-2024, primarily driven by increased utilization which accounted for 60% of total cost growth. The number of claimants rose by 3.5%, with claimants making
0.9% more claims.
Written Submission for the Pre-Budget Consultations in Advance of the Upcoming Federal Budget
The process for Canadians to access new medicines is extremely complex and involves several different federal, provincial, and territorial agencies. It takes two years following approval (736 days) for Canadian patients to get access to a drug in the public plan, whereas those in the private plan get access to a drug in less than one year (226 days).
Breaking down key developments in the life sciences sector for members, policy influencers, and Canadians.
Learn how our member companies, which range from early-stage startups to established organizations, are advancing healthcare through the discovery and development of new medicines and vaccines.
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