Drug Pricing in Canada • Aging and HIV • A Biotech Beats Goliath

June 28, 2018, 10:31 AM UTC

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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