Generic medicines: last day of negotiations

Quebec If negotiations to lower generic prices do not come to an end in the next few hours, Québec will be launching a call for tenders, said Health Minister Gaétan Barrette.

The minister was visiting the National Assembly on Tuesday to attend the council of ministers.

According to him, it took the threat of a tender last week for the pharmaceutical industry to decide to resume negotiations. They had stumbled last month.

The parties resumed contact over the weekend.

The minister is awaiting a final proposal from industry representatives on Tuesday. Their latest proposal would have saved Quebecers about $ 1.5 billion over five years, he said.

Generic drug costs are $ 800 million per year for the Government of Quebec. It is much too expensive, “reiterated Mr. Barrette.

The bidding process would thus allow the government to retain the bid from the lowest bidder.

But the Canadian Generic Pharmaceutical Association (CGPA) argues that such a process could potentially lead to drug shortages in Quebec. It is risky to limit the number of manufacturers for a given product, especially if the lowest bidders use the same raw material, summarizes.

Drug makers such as Pro Doc – owned by Jean Coutu – fear an erosion of their profits if other distributors are able to win exclusive supply contracts.

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