Patented Medicine Prices Review Board Releases March 2018 NEWSletter

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Smart & Biggar

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Smart & Biggar uncovers and maximizes intellectual property and technology assets for our clients. Today’s fast-paced innovation economy demands a higher level of expertise and attention to detail when it comes to IP strategy and protection. With over 125 lawyers, patent agents and trademark agents collaborating across five Canadian offices, Smart & Biggar is trusted by the world’s leading innovators to find value in their IP rights. As market leaders in IP, Smart & Biggar’s team is on the pulse when it comes to the latest developments and the wider industry changes that impact our clients. To stay informed, visit smartbiggar.ca/insights, including access to our RxIP Update (smartbiggar.ca/insights/rx-ip-updates), a monthly digest of the latest decisions and law surrounding the life sciences and pharmaceutical industries.
The Patented Medicine Prices Review Board (PMPRB) released its March 2018 NEWSletter (the first NEWSletter since July 2017). Highlights include:
Canada Intellectual Property

The Patented Medicine Prices Review Board (PMPRB) released its March 2018 NEWSletter (the first NEWSletter since July 2017). Highlights include:

  • an update on the PMPRB guidelines to reflect the "future framework envisioned by the PMPRB [which] aspires towards bright line tests that yield ceiling prices that are reasonable and foreseeable to patentees" (see our prior articles on the proposed amended Patented Medicines Regulations and scoping paper here and here);
  • the release of the PMPRB's 2016 Annual Report (released October 2017), Alignment among Public Formularies in Canada – Part 1: General Overview (published October 2017), Generics 360: Generic Drugs in Canada, 2016 (published February 2018); and
  • notice that the following publications are to be released in 2018: Meds Entry Watch, 2nd Edition; CompassRx, 4th Edition; and Potential Savings from Biosimilars in Canada.

The preceding is intended as a timely update on Canadian intellectual property and technology law. The content is informational only and does not constitute legal or professional advice. To obtain such advice, please communicate with our offices directly.

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