Friday, July 9, 2010

And now, B.C.

B.C. has also moved to cut the price of generic drugs.

The B.C. government will announce on Friday that it will cut the price of generic drugs by reducing rebates manufacturers pay to pharmacies in return for selling their products, industry sources familiar with the plan said. Unlike Ontario, British Columbia will not abolish the rebates altogether, the sources said.

As a further concession, the province’s nearly 1,100 drug stores will receive government funding to help them provide new pharmacy services, including medication therapy for customers, the sources said.

http://www.theglobeandmail.com/news/national/british-columbia/bc-to-cut-price-of-generic-drugs/article1633666/

According to the article, the B.C. government has no stomach to get into a fight with their pharmacists, so these moves are relatively mild compared to Ontario.

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