TORONTO, Feb. 21, 2017 /CNW/ - On behalf of participating federal, provincial and territorial public drug plans, the pan-CanadianPharmaceutical Alliance (pCPA) has concluded successful negotiations with three drug manufacturers to help jurisdictions expand access to publicly funded medications for the treatment of chronic hepatitis C.
Hepatitis C is a communicable liver
Just a few years ago, hepatitis C patients took a combination of pills and injections for almost a year and these earlier drugs had lower rates of treatment success. Today's newer therapies are more effective, available in oral form and require substantially shorter durations of treatment.
These benefits, however, come at a substantial cost. Depending on the drug and disease progression, the list cost for hepatitis C treatments ranged from $45,000 to over $100,000 per patient. Although these costs were made more affordable with previous agreements, the funding of hepatitis C treatments has resulted in significant cost pressures.
Recently, multiple products have become available, creating a more competitive environment for hepatitis C treatment price negotiations.
The pCPA's approach to hepatitis C treatment negotiations was guided by the following:
Gilead Sciences Canada, Merck Canada, and Bristol-Myers Squibb Canada were able to reach an agreement through the pCPA to provide hepatitis C drugs at an improved cost. These agreements will help increase publicly funded access for most patients with hepatitis C.
As with all pCPA drug negotiations, individual participating jurisdictions will be responsible for implementing changes under their respective public drug plans.
SOURCE Pan Canadian Pharmaceutical Alliance
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