The article contains an overview of some of the most pertinent changes in market access, exclusivity and pricing that have occurred over the past year that will impact stakeholders operating in
the Canadian pharmaceutical industry.
The headlines around the Comprehensive Economic and Trade Agreement have been largely focused on the impact for cheese lovers and the dairy producers, but there is also some impact for
the Canadian pharmaceutical industry.
The Canadian pharmaceutical industry is under siege.
Not exact matches
At the age of 29, the
Canadian daughter of Jamaican immigrants was well on her way to a successful career in the
pharmaceutical industry.
In fact, more than 50,000 people are employed directly in more than 800
Canadian - owned firms and direct national employment in the clean technology
industry now exceeds that of the aerospace manufacturing, forestry, and logging
industries as well as in the
pharmaceuticals and medical devices sectors.
Canadian cleantech companies outnumber those in both the aerospace and automotive
industries, and employ more people than the forestry,
pharmaceutical or medical device sectors.
From the
Canadian side, much of the criticism has to do with rising costs in
pharmaceuticals, as well as the potential for outsourcing to severely handicap the dairy and automotive
industries.
The
Canadian drug discovery
industry is still small, especially in comparison to the United States, owing to the lack of big
pharmaceutical companies conducting research and development in this country.
The
Canadian firm's life sciences and
pharmaceuticals group will spawn a sixth global sector focus across the Norton Rose network, he says, though Ogilvy doesn't have an office in Vancouver, a key centre for the
industry in Canada.
Some of Talcura's customers included
industry giants such as CPPIB, Sony, Winners, Hyundai, Grand & Toy,
Canadian Medical Association, KFC and Bayer
Pharmaceuticals.