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1 However, patent protection for pharmaceutical products is an economic trade-off between providing monopoly rights that incentivise development of future products and permitting higher drugprices to recoup the investment. Patents are often described as the ‘lifeblood’ of pharmaceutical companies.
Expected highlights for 2024 include a final PTA regime, more details on PMPRB drugpricing guidelines and national pharmacare, and fall-out from the US mass drug importation program targeting Canadian medicines. The Guidance was last updated in 2005. mL formulation in Canada”.
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