Topic summary
Drug pricing
Extracted from the Wikipedia article Medication costs.
Canada
In Canada, the medication pricing is overseen by the Patented Medicine Prices Review Board (PMPRB), which monitors the prices set for patented drugs. One way the PMPRB evaluates whether drug pricing by patentees is excessive by considering international drug pricing. The PMPRB also compares the price of the drug to a similar market. However, the patentees do not need approval of drug pricing with the PMPRB before listing drugs for sale.