
Patients Deserve Faster Access to Innovative New Medicines
This article originally appeared in the Toronto Star on September 30, 2023. Long wait times for new medicines in Canada, averaging two […]
Timely access to new medicines saves lives, improves health outcomes, helps reduce healthcare costs, contributes to economic productivity, and makes Canada a more attractive destination for future investment and innovation.
Canadian patients wait two years for access to approved new medicines through public drug plans. Patients in most peer countries get access to approved new medicines over one year sooner than Canadians.
Delays in patient access to medicines lead to:
There are two immediate actions provincial and territorial governments can take to get Canadians much faster access to new medicines.
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This article originally appeared in the Toronto Star on September 30, 2023. Long wait times for new medicines in Canada, averaging two […]
As representatives of the pharmaceutical industry, we strongly support and are active leaders in the Business Ethics for APEC SMEs Initiative, the world’s largest public-private partnership to strengthen ethical business practices in the biopharmaceutical sector.
Ottawa, July 5, 2023 – Health care remains top of mind heading into the Council of the Federation Summer Meeting […]
Annual cost growth in Canada’s private drug benefit market is driven by increased utilization and chronic disease drugs, with an increase in claimants post‑pandemic.
Read the full report.
Canadians wait two years for access to new medicines through our public drug plans. That’s a full year longer than patients in most other peer countries. Two years can feel like a lifetime for a patient waiting for access to life-saving medicines or treatments.
This study examines and quantifies the value of innovative treatments in Canada to patient lives, the healthcare system and to society. Case studies include: HPV vaccines, Melanoma treatments, treatment for Rheumatoid Arthritis and Hepatitis C.
Many new therapies coming to the market are not well served by the traditional drug reimbursement approaches currently employed by Canada’s public plans. A growing number of European regulatory authorities have been using novel managed entry agreements (MEA) and innovative access agreements (IAA) to accelerate approval times and improve availability to patients.
The innovative pharmaceutical industry has sponsored over two-thirds of clinical trials initiated in Canada in the last 5 years and contributed over $15 billion to the Canadian economy annually.
A growing number of payers in many countries are looking to managed entry agreements (MEAs) and other innovative access arrangements (IAAs) to allow rapid access to medicines that address significant unmet needs.
Breaking down and analyzing current events in the healthcare industry for our members, policy influencers and the Canadian public.
Our member companies, which range from fledgling start-ups to established organizations, are revolutionizing healthcare through the discovery and development of […]
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