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Industry committee  Yes. We are very disappointed.

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  We've had several discussions with the Clinton Foundation and, as Jack has said, Doctors Without Borders, identifying the patented products that might be of interest to them. With respect to the non-patented products, as Jack mentioned earlier, he's now shipping to over 100 cou

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  I think where you find the generic companies developing those products are mainly in the developing world, where they have more access, unfortunately, to the illnesses and more ability to carry out the clinical trials, etc. It's simply not that practical here to carry out clinic

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  You had two questions. The first was about dealing with the Bush administration and others. Again, this legislation has nothing to do with generic companies providing medicines abroad that are not covered by patent. This legislation has nothing to do with brand-name companies pro

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  The other reason why countries don't want to self-identify is they become a lightning rod for political attention and negative attention from the brand-name pharmaceutical industry. Recently in Thailand, with a drug called Aluvia, an anti-AIDS medicine, the Thai government said

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  To respond quickly, the tax changes I think are great. I think for donations, philanthropy, it will increase the incentives for companies to do that. I would agree with Mr. Williams that we need a comprehensive approach. That's why we're saying changes to this legislation are nec

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  Clearly, it is the generic companies, and not the large multinationals, that need this act. The legislation refers to patented medicines. The changes that we have proposed need to be made in order to make the act more effective. The existing act is overly complex and negotiations

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  We would rather see the list abolished, but in actual fact, that's not what is most important. However, the list is an example of a superfluous provision. Anytime we want to add new products to the list, it requires a great deal of work on the part of government officials, compan

April 23rd, 2007Committee meeting

Jim Keon

Industry committee  Thank you, Mr. Chairman, committee members, for having me here today. My name is Jim Keon and I'm the President of the Canadian Generic Pharmaceutical Association, the representative body for generic pharmaceutical companies in Canada. With me is Jack Kay, the President of Apo

April 23rd, 2007Committee meeting

Jim Keon

Health committee  That is not the job of generic drug companies.

April 16th, 2007Committee meeting

Jim Keon

Health committee  What I mentioned was that the provincial government in Ontario has already passed a regulation. For the vast majority of generic drugs, the Ontario government will not list them on its formulary unless they are at least 50% lower than the brand name product. In Quebec, they have

April 16th, 2007Committee meeting

Jim Keon

Health committee  These prices will probably be lower than those in the United States on the majority of products, yes.

April 16th, 2007Committee meeting

Jim Keon

Health committee  That's a very interesting question. Actually, about 15% of our revenues go back into research and development. That meets the definitions of the tax act. The brand name companies in Canada have been declining. They spend about 8%. Surprisingly, we spend twice as much in Canada o

April 16th, 2007Committee meeting

Jim Keon

Health committee  Generic drug companies are of value to the health care system in that after patents expire we provide products at much lower prices.

April 16th, 2007Committee meeting

Jim Keon

Health committee  Yes. Thank you. In fact, the common drug review, I argued, is an essential part of the Canadian process now for brand name drugs. I think in large part it was recommended by the provinces, asked for by the provinces, and that's how it came about. For generic drugs, we have a di

April 16th, 2007Committee meeting

Jim Keon