Ontario’s plunging price-caps on generics: deeper dives may drown some drugs

In April 2010, the Ontario government announced another reduction in the maximum price of generic drugs permitted under the Ontario Drug Benefit (ODB) program, demanding that generic drugs now be sold for no more than 25% of the branded product’s price. Other provinces are following Ontario in setti...

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Detalles Bibliográficos
Autores principales: Anis, Aslam, Harvard, Stephanie, Marra, Carlo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Open Medicine Publications, Inc. 2011
Materias:
Analysis and Comment
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3205826/
https://www.ncbi.nlm.nih.gov/pubmed/22046229
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author Anis, Aslam
Harvard, Stephanie
Marra, Carlo
author_facet Anis, Aslam
Harvard, Stephanie
Marra, Carlo
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description In April 2010, the Ontario government announced another reduction in the maximum price of generic drugs permitted under the Ontario Drug Benefit (ODB) program, demanding that generic drugs now be sold for no more than 25% of the branded product’s price. Other provinces are following Ontario in setting unprecedentedly low price-caps to reduce the cost of generic drugs. Generic product substitution legislation is vital to reducing costs to provincial drug plans, yet lower and lower price-caps may undo some of the benefits of substitution legislation if generics find it difficult to survive.
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spelling pubmed-32058262011-11-01 Ontario’s plunging price-caps on generics: deeper dives may drown some drugs Anis, Aslam Harvard, Stephanie Marra, Carlo Open Med Analysis and Comment In April 2010, the Ontario government announced another reduction in the maximum price of generic drugs permitted under the Ontario Drug Benefit (ODB) program, demanding that generic drugs now be sold for no more than 25% of the branded product’s price. Other provinces are following Ontario in setting unprecedentedly low price-caps to reduce the cost of generic drugs. Generic product substitution legislation is vital to reducing costs to provincial drug plans, yet lower and lower price-caps may undo some of the benefits of substitution legislation if generics find it difficult to survive. Open Medicine Publications, Inc. 2011-09-27 /pmc/articles/PMC3205826/ /pubmed/22046229 Text en http://creativecommons.org/licenses/by-nc-sa/2.5/ca/ Open Medicine applies the Creative Commons Attribution Share Alike License, which means that anyone is able to freely copy, download, reprint, reuse, distribute, display or perform this work and that authors retain copyright of their work. Any derivative use of this work must be distributed only under a license identical to this one and must be attributed to the authors. Any of these conditions can be waived with permission from the copyright holder. These conditions do not negate or supersede Fair Use laws in any country.
spellingShingle Analysis and Comment
Anis, Aslam
Harvard, Stephanie
Marra, Carlo
Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title_full Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title_fullStr Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title_full_unstemmed Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title_short Ontario’s plunging price-caps on generics: deeper dives may drown some drugs
title_sort ontario’s plunging price-caps on generics: deeper dives may drown some drugs
topic Analysis and Comment
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3205826/
https://www.ncbi.nlm.nih.gov/pubmed/22046229
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