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ARTICLE · 08 AUGUST 2023

PMPRB Updating Interim Guidance

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On June 20, 2023 the Patented Medicine Prices Review Board (PMPRB) invited stakeholders to comment on its proposed amendment for conducting interim price reviews on New Medicines...

CanadaIntellectual Property
Erin Creber
Erin Creber
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On June 20, 2023 the Patented Medicine Prices Review Board (PMPRB) invited stakeholders to comment on its proposed amendment for conducting interim price reviews on New Medicines per the Interim Guidance. The Interim Guidance, introduced by the PMPRB on August 18, 2022, refers to the interim period approach for reviewing the prices of patented medicines. Part of the Interim Guidance established a process where existing medicines are reviewed based on the relevant Non-Excessive Average Price (NEAP) projected in the 2021 compliance letters sent to applicable patentees by the PMPRB in March 2022.

However, the Interim Guidance also established that New Medicines, medicines without a projected a Maximum Average Potential Price (MAPP) or NEAP as of July 1, 2022, would not be subject to PMPRB price reviews during this interim period.

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