Another example of why I call our elected corporate whores, elected corporate whores.
Canadian families stunned by 3,000% increase in price of life-saving drug
Drug for patients with cystinosis being replaced by new form with same active ingredien
Across Canada, dozens of parents are shaking their heads in disbelief that Health Canada is making them switch their sick children to a drug that costs more than $300,000 a year. Especially when they’ve been happily using an older version of the same drug that costs a fraction of the price.
“It’s a ridiculous spot to put parents in,” said Trevor Strauss, of Waterloo, Ont., who was stunned to learn that access to his daughter’s life-saving drug was being cut off now that a new, more expensive version of the same drug had been approved by Health Canada.
‘There’s no reason for the drug to be this expensive except for profit margins.’– Trevor Strauss
Strauss’s 10-year-old daughter Gabbie has cystinosis — a deadly genetic disease that destroys her kidneys. She’s been taking a drug called Cystagon (cysteamine) for most of her life, but she won’t be able to get the drug anymore.
The new form of the drug licensed in Canada, called Procysbi (cysteamine delayed-release), contains the same active ingredient as Cystagon. The difference is that the new form has a special coating that delays the drug’s absorption so the chemical is released more slowly in the body. It means taking the drug every 12 hours instead of every six.
Cystagon cost $10,000 a year for Gabbie and it was covered by the Ontario government. Strauss has been told Procysbi will cost $320,000 a year, every year, for the rest of his daughter’s life. – CBC News
read full article here
Sooo, if the province does cover the cost, it will meant the taxpayer is getting ripped off to the tune of $310,000 per year per prescription. If the province does not cover the cost, it will mean the families of people who have cystinosis will, at best, go bankrupt. Worse case, the sick person will die.
Welcome to Canada.