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The Compendium of Pharmaceuticals and Specialties: The Canadian Drug Reference for Health Professionals, more commonly known by its abbreviation CPS, [1] is a reference book that contains drug monographs and numerous features which help healthcare professionals prescribe and use drugs safely and appropriately.
Established in 2002, the Canadian International Pharmacy Association ("CIPA") is a Canadian association of licensed pharmacy businesses offering mail order pharmacy services to Canadian and international patients. CIPA members sell pharmaceuticals and maintenance medications to individuals upon receipt of a valid prescription.
In 1989, the CDA's predecessor, the Canadian Coordinating Office for Health Technology Assessment (CCOHTA), was created by the federal government in response to this challenge. [1] [5] In 2006, the organization became the Canadian Agency for Drugs and Technologies in Health (CADTH). [3] [6]
By 2018, drugs—both prescription and non-prescription—were the second largest healthcare expenditure in Canada at 15.3% of the total. [ 33 ] According to the December 2020 CIHI report, in 2019 public drug programs expenditures were $15 billion, representing a one-year increase of 3%. [ 111 ]
In addition, price negotiations by Canadian health insurers are based on evaluations of the clinical effectiveness of prescription drugs, [100] allowing the relative prices of therapeutically similar drugs to be considered in context. The Canadian Patented Medicine Prices Review Board also has the authority to set a fair and reasonable price on ...
Medicare (French: assurance-maladie) is an unofficial designation used to refer to the publicly funded single-payer healthcare system of Canada. Canada's health care system consists of 13 provincial and territorial health insurance plans, which provide universal healthcare coverage to Canadian citizens, permanent residents, and depending on the province or territory, certain temporary residents.
Apotex Inc. is a Canadian pharmaceutical corporation. [4] Founded in 1974 by Barry Sherman, the company is the largest producer of generic drugs in Canada, with annual sales exceeding CA$2.5 billion. [5] By 2023, Apotex employed close to 8,000 people as Canada's largest drug manufacturer, with over 300 products selling in over 115 countries.
the Trillium Drug Program covers households with high prescription drug costs. [4] as of 1 January 2018, prescription drugs for those under 25 years of age are covered by OHIP through OHIP+. [5] As of 1 April 2019, the Ontario government will no longer offer free prescriptions to children and young adults with private coverage. [6]
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