CANADIAN SUPREME COURT TO RULE ON DRUG PRICING ORDER AGAINST ALEXION
Does Canada’s Patented Medicines Review Board, an arm’s length government agency, have the constitutional right to force a drug company to lower its prices and pay an “excess revenues” fine?
Alexion Pharmaceuticals finds out today whether the Supreme Court of Canada will hear its appeal of a process the review board carried out under the excessive prices provisions of Canada’s Patent Act. Alexion has failed previously in lower courts.
The process ultimately resulted in a board order requiring Alexion to slash the price it was charging for Soliris—an immensely-expensive ...
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