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Toward competitive generic drug prices in Canada
Date:11/19/2012

tractive to generic drug companies.
  • Expand the number of commonly used drugs included in the competitive purchasing approach.
  • Ensure transparency in competitive processes.
  • Encourage brand name and generic manufacturers both domestic and international to participate.
  • Learn from best practices in other countries that use contracting to predict and manage the potential risks, such as shortages.

    "Our goal in pricing generic drugs should be to provide a reliable supply of high-quality medicines at the best possible cost," write the authors. "By changing the way Canada procures medicines, this joint commitment is a true opportunity to both reduce drug expenditures and improve access to health care," conclude the authors.


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    • Contact: Kim Barnhardt
    kim.barnhardt@cmaj.ca
    613-520-7116 x2224
    Canadian Medical Association Journal
    Source:Eurekalert

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