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Health committee There are a couple of corrections. It's not the same company. It's a different company. The actual ratio between the price of Cystagon and the price of Procysbi is even more outrageous, I would say. It was closer to $5,000 a year for Cystagon and about $300,000 for Procysbi. I
November 6th, 2018Committee meeting
Douglas Clark
Health committee There's about a 15%, or 30%, or maybe double price markup, but a 60-fold markup is unheard of. I think it speaks for itself.
November 6th, 2018Committee meeting
Douglas Clark
Health committee Sure. I should specify that there are three legal instruments that make up the legal framework of the PMPRB: the Patent Act, the regulations and our guidelines. The act is obviously the responsibility of Parliament, the MPs. The regulations are the responsibility of the Minister
November 6th, 2018Committee meeting
Douglas Clark
Health committee That's a great question. We are doing the best we can with the tools currently at our disposal, but it's for that very reason that we are trying to move forward with these quite ambitious reforms that I alluded to. I would say today, no, we are not doing a very good job, but it
November 6th, 2018Committee meeting
Douglas Clark
Health committee That's absolutely correct, yes.
November 6th, 2018Committee meeting
Douglas Clark
Health committee No, no that's fine.
November 6th, 2018Committee meeting
Douglas Clark
Health committee It was in 1987.
November 6th, 2018Committee meeting
Douglas Clark
Health committee We've been quite transparent in acknowledging that fact. There is no natural connection between the degree of patent protection a country offers and the level of R and D. You can do your research and development in China and still benefit from the same term of protection in Canad
November 6th, 2018Committee meeting
Douglas Clark
Health committee It's eight.
November 6th, 2018Committee meeting
Douglas Clark
Health committee It could. I think the important thing to understand about data protection is that it typically operates in parallel to patent protection and runs now for 10 years. It did run for eight, and patent protection is 20 years from filing, so typically data protection is almost redundan
November 6th, 2018Committee meeting
Douglas Clark
Health committee Okay. I didn't get to the insulin question, and I apologize.
November 6th, 2018Committee meeting
Douglas Clark
Health committee Yes.
November 6th, 2018Committee meeting
Douglas Clark
Health committee To be quite candid, I don't think anything Canada does has an impact on global R and D and innovation on a macro level. I suspect the same conversations probably took place back in the fifties and sixties, when Tommy Douglas was advocating medicare and a publicly funded health ca
November 6th, 2018Committee meeting
Douglas Clark
Health committee They're definitely very expensive.
November 6th, 2018Committee meeting
Douglas Clark
Health committee To start, I will address the first part of your question. I think it behooves me to correct a common misunderstanding or misapprehension about R and D costs related to very rare orphan drugs. If you look at the literature, it's pretty clear that R and D costs to bring a drug for
November 6th, 2018Committee meeting
Douglas Clark