Patented Medicine Prices Review Board

Patented Medicine Prices Review Board
Conseil d'examen du prix des médicaments brevetés
Agency overview
Formed1987 (1987)
JurisdictionCanada
HeadquartersOttawa
Employees74
Annual budgetCA$10.3 million[1]
Minister responsible
Agency executives
  • Mitchell Levine, Chairperson
  • Mélanie Bourassa Forcier, Vice-chairperson
  • Douglas Clark, Executive Director
Key document
  • Patent Act
Websitewww.canada.ca/en/patented-medicine-prices-review.html

The Patented Medicine Prices Review Board (PMPRB; French: Conseil d'examen du prix des médicaments brevetés) is a federal quasi-judicial regulatory and reporting agency in Canada with a mandate to protect consumers by ensuring that the prices of patented medication charged by manufacturers of patented drugs are not excessive. The board does this through its role as a regulator, and through its reporting on trends, research and development in the Canadian pharmaceutical industry.[2]

The board investigates, reviews and negotiates the price of individual drugs that are still under patent and which have no generic substitutes. It establishes the maximum prices that can be charged in Canada for patented drugs.[3][4]

  1. ^ "GC InfoBase". www.tbs-sct.gc.ca. Retrieved 2020-10-16.
  2. ^ "GC InfoBase". www.tbs-sct.gc.ca. Retrieved 2020-10-16.
  3. ^ "Prescription Drug Prices in Canada: What Are the Lessons for the U.S.?". AARP International. Washington, DC.Prescription drug prices in the United States
  4. ^ "Facing crackdown in Canada, drugmakers offered billions in price cuts: Delayed rules would change countries Canada compares its prices to, dropping U.S." Thomson Reuters via CBC. February 6, 2019. Retrieved February 6, 2019.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search