Patented drug product international prices compared to prices in Canada 2004-2017

This statistic depicts the average ratio of median international prices to prices in Canada for patented drug products between 2004 to 2017. In 2007, the ratio between international prices and Canadian prices averaged 1.03. Drug prices in Canada have been on average lower than in other developed countries.

Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2017*

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Source

Release date

July 2018

Region

Worldwide

Survey time period

2004 to 2017

Supplementary notes

* The PMPRB (Patented Medicine Prices Review Board) conducts an international price comparison of all patented drugs sold in Canada using seven foreign countries: France, Germany, Italy, Sweden, Switzerland, the United Kingdom and the United States.

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