Quebec in Spat with Group Representing Canada's Generic Pharmaceutical Industry

The Canadian Press, June 28, 2017 | Go to article overview

Quebec in Spat with Group Representing Canada's Generic Pharmaceutical Industry


Quebec wants lower costs for generic drugs

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QUEBEC - The association representing Canada's generic pharmaceutical industry is slamming the Quebec government's plan to resort to tendering in order to get cheaper generic prescription drugs.

Health Minister Gaetan Barrette said Wednesday the government will proceed with tendering as of July 1.

He said talks with the industry fell apart after its representatives walked away without giving a reason.

Without accusing pharmaceutical companies of collusion, Barrette did say prices are often "very similar from one company to another, which is very surprising."

Jim Keon, president of the Canadian Generic Pharmaceutical Association, said the organization gave Quebec a proposal earlier this month that would enable the province to save $1.5 billion over five years.

"The proposal includes further price discounts on top-selling generic prescription drugs and additional savings through the launch of new cost-saving generic medicines," Keon said in a statement.

He said the government has instead decided to proceed with a "risky tendering scheme" that could threaten jobs as well as the supply of cost-saving generic pharmaceutical products. …

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