Analytical snapshot : International generic price comparison, early 2011

The PMPRB would like to acknowledge the contributions of: • The members of the NPDUIS Steering Committee, for their expert oversight and guidance in the preparation of this report. [...] Analytical Snapshot: International Generic Price Comparison, Early 2011 3 1 Foreign-to-Canadian Price Trends This section analyzes generic price trends in Canada Highlighted in yellow, the figure reports the share and compares Canadian prices to those of the seven of generics with a price increase of up to 10%: this industrialized countries that the PMPRB considers in represents 28.9% of the gener [...] Analytical Snapshot: International Generic Price Comparison, Early 2011 5 The average foreign-to-Canadian price ratios reported In Q1-2011, the mean and median foreign prices in this section are sales-weighted arithmetic averages were 0.65 and 0.61 of the generic price levels in of the corresponding foreign-to-Canadian price ratios Canada, respectively. [...] The figure reports the average country specific price change along with The Canadian generic price level is set to a value of 1. the number of drugs with available prices in the An average foreign-to-Canadian price ratio below or foreign markets that are included in the average, above 1 indicates a lower or higher average foreign and the corresponding Canadian sales. [...] If the restriction was removed, the only notable change would be in the Q1-2011 results for the foreign-to-Canadian price ratio for the US, which would be revised to 0.91.