Generic and brand name medicine average retail price in Canada 2004-2019

This statistic shows the comparison of average retail price development for brand name and the generic medicines in Canada from 2004 to 2019, per prescription. In 2018, the average retail price of brand name prescription drugs was more than 85 dollars higher than the average retail price of generic medicines.

Canadian generic and brand name medicine average retail price per prescription from 2004 to 2019 (in Canadian dollars)*

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Sources

Release date

2020

Region

Canada

Survey time period

2004 to 2019

Supplementary notes

* Average retail price is based on total price of prescriptions (price of drug plus any mark-ups and professional dispensing fees) divided by estimated prescriptions dispensed in Canadian retail pharmacies (excludes hospitals; includes retail new and refills).

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Statistics on "Canadian pharmaceutical industry"

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