Negotiations between government and industry on access to generic pharmaceuticals have reached an impasse over whether drug prices should go lower despite rising production costs.
It is the third time the two parties have negotiated, after previous agreements were signed in 2014 and 2018. The current deal expires March 31, 2023. The companies say that, at the same time as their prices are fixed or declining, they have faced record inflation in the cost of raw materials and labour.
The CGPA says it is asking at this time for prices to at least remain flat and for there to be a mechanism for modest price increases during periods of high inflation. However, he said, the whole framework of collective bargaining between industry and government buyers is flawed because it sets blanket prices that could be beat if contracts were put out for individual products, as is done with other areas of government procurement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
How many death jabs did Canada throw away. End this eugenics disaster
TrudeauForTreason
Judges, lawyers and cops are proof that there is no rule of law in Canada. They do things that would put normal people in jail or have consequences. Local media has ignored this problem ruthlessly and helped these bad actors stay hidden. For example:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government, industry deadlocked in negotiations over generic drug pricesIndustry representatives say negotiations are going poorly because the government is focused on further lowering the cost of generic drugs, which have already gone down on an absolute basis Another massive Liberal screwup in the making!!!
Source: globeandmail - 🏆 5. / 92 Read more »
Tech industry supports federal government scrutiny of intellectual property transfers in foreign dealsSucceeding in the knowledge economy increasingly means securing intellectual property of domestic companies Tech companies like this? 👇 The ones who government colluded with to suppress speech, interfere in elections & censor scientific facts to control & harm their own citizens?
Source: globeandmail - 🏆 5. / 92 Read more »
Junkyard confidential: At the heart of a $500-billion global recycling industryCanada Metal \u0026amp\u003B Iron is just one of the businesses that helps recover and recycle 11 million tonnes of metal annually in Canada. Read on.
Source: calgaryherald - 🏆 64. / 52 Read more »
Opinion | A four-year study has mapped out ‘The Canadian Islamophobia Industry’Discussions about Islam often surface in the aftermath of violence — whether by those in the name of Islam or by those in the name of Christianity and whiteness. But hate simmers in the background the rest of the time, writes ShreeParadkar. ShreeParadkar This is true of most violent crimes now. They all get ascribed to a group rather than the individuals. Eg, a white guy shoots people and it’s toxic masculinity and/or white rage. We should hold only individuals and accomplices responsible, not groups. ShreeParadkar MazMHussain SanaSaeed good to see this ShreeParadkar All religions are , are lies . You all worship the sun and don't even know it
Source: TorontoStar - 🏆 60. / 55 Read more »
Tech industry backs more federal scrutiny of intellectual property transfers in foreign dealsSucceeding in the knowledge economy increasingly means securing intellectual property of domestic companies This would have been great 20 years ago
Source: globeandmail - 🏆 5. / 92 Read more »
Junkyard confidential: At the heart of a $500-billion global recycling industryCanada Metal \u0026amp\u003B Iron is just one of the businesses that helps recover and recycle 11 million tonnes of metal annually in Canada. Read on. You recycle at home.... it gets collected and sold... and somehow it ends up dumped in the worlds oceans.
Source: OttawaCitizen - 🏆 21. / 68 Read more »