Health Canada eyes 140% user fee revenues hike
This article was originally published in Clinica
The Canadian government has unveiled plans to significantly increase user fees for medical devices. Medical technology industry association MEDEC, which is preparing to respond formally to the proposals, says that Health Canada's revenues from the drugs and medical devices industries would increase from Can$47m (US$47m) to Can$112.4m.
You may also be interested in...
Civica Rx has won an investment of $55m through a deal with the Blue Cross Blue Shield Association of US health insurance firms to create a new subsidiary that will acquire and develop generic filings to be launched in the US from 2022.
Pfizer has launched its Ruxience rituximab biosimilar in the US at a 24% discount to the wholesale acquisition cost of the Rituxan original. The firm has also revealed that when it launches its Trazimera trastuzumab biosimilar in mid-February, it will be at a 22% discount to the Herceptin brand’s WAC.
A patent-litigation settlement that Teva has reached with Ironwood and Allergan over Linzess will allow the Israeli firm to enter the US market with the linaclotide-based constipation treatment ahead of major rivals Mylan, Sandoz, Sun Pharma and Aurobindo.