cover image: Study on the impact of inflation on the generic pharmaceutical industry in

20.500.12592/2kg8w8

Study on the impact of inflation on the generic pharmaceutical industry in

3 May 2022

At the height of the crisis, the closure of several sectors of the economy resulted in the loss of nearly 3 million jobs in Price pressures have been even more significant in Quebec, Canada. [...] The European Union and the United the context of the 2021-2022 federal budget, the risks of States have recorded inflation rates of 5.3% and 7% over-stimulating the economy. [...] In this sense, the for both Quebec and Canada suggest that retirements will number of job vacancies in Canada reached 5.8% in the third exceed the arrival of new workers on the labour market for the quarter of 2021, twice the average of the last five years. [...] Given the current global uncertainty and the surge imports a significant amount of active pharmaceutical in commodity prices following the war in Ukraine, the ingredients and drugs, it is particularly susceptible to an Canadian industry has very little visibility on the short- or increase in production costs due to the appreciation of the medium-term evolution of the current crisis, which potentia. [...] Cost inflation has affected the drug sector as early as 2021 The price regulation for patented medicines sets the price adjustment factor for a year based on the inflation in the economy as a whole in the previous year.
Pages
14
Published in
Canada