Tag: drug price

Head of Canada’s Drug Price Regulator Resigns Same Week as Colleague Steps Down

February 24, 2023
CanadaDalhousie Universitydrug priceWorld
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The executive director of Canada’s drug pricing regulator is stepping down—just days after another member resigned because of concerns that the federal government was undermining the regulator’s work. Douglas Clark, executive director of the Patented Medicine Prices Review Board, announced today he will be leaving his post after almost a decade with the regulator. On…

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New Alzheimer’s Treatment Would Cost $26,500 Per Year

January 12, 2023
Alzheimer’sBusiness & MarketsCompaniesdrug priceeconomyFDAMarketsMedicareSocial IssuesUS
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A new Alzheimer’s treatment would cost patients an estimated $26,500 per year, said the drug developer. The Food and Drug Administration (FDA) announced on Jan. 6 that it would grant accelerated approval to Biogen and Eisai, after the drug appeared to partially slow the development of mild cases of Alzheimer’s disease in clinical trials. The same day, Eisai submitted…

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Liberals Delay New Regulations to Lower Price of Medicines in Canada

December 23, 2021
Canadadrug pricedrug priceshealth ministerLiberalsmedicinesregulationsWorld
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OTTAWA—Health Minister Jean-Yves Duclos has put a six-month pause on new regulations designed to lower the cost of patented medicines in Canada. Health Canada first announced the changes in 2019 to protect Canadians from excessive drug prices, but the government has repeatedly delayed implementing the rules. The regulations were supposed to come into force at…

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