Drug maker could profit from own shortage

Advertisement

Advertise with us

OTTAWA -- The generic drug maker at the centre of the nationwide medication shortage stands to profit from the crisis, the Ottawa Citizen has learned.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$0 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.75/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19 plus GST every four weeks. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

Hey there, time traveller!
This article was published 17/03/2012 (5000 days ago), so information in it may no longer be current.

OTTAWA — The generic drug maker at the centre of the nationwide medication shortage stands to profit from the crisis, the Ottawa Citizen has learned.

Foreign manufacturing plants belonging to Sandoz, the generic-drug subsidiary of pharmaceuticals giant Novartis, represent the single largest group seeking Health Canada’s permission to provide the medications that are in short supply.

As the federal drug regulator, Health Canada, is reviewing applications from companies that could fill the gap left by Sandoz Canada, which has slowed or discontinued production of dozens of sole-sourced painkillers, sedatives and cardiac drugs commonly used by hospitals across the country.

Of the 23 applications from drug makers that could ease the shortage, 15 are from “Sandoz sourcing supplies from their foreign facilities,” Health Canada said in a written response to questions posed by the Citizen.

The remaining eight applications are from companies Health Canada did not name.

Among the 15 generic drugs that could be supplied by Sandoz’s foreign affiliates are Dexamethasone, Clindamycin, Diazepam, morphine, Fentanyl and Midazolam.

Health Minister Leona Aglukkaq has said her department could give its approval within a month to the first drug companies willing to fill the void left by the Boucherville, Que. company.

The facility, which has been plagued by quality-control lapses and a recent fire, supplies Canadian hospitals with 90 per cent of all injectable drugs, including more than 100 narcotic painkillers and sedatives commonly used in operating rooms, intensive-care units and emergency departments.

Any company, including Sandoz, that receives federal approval to be an alternate supplier likely will charge a premium for its medications, warned Michael Blanchard, clinical director of pharmacy services for HealthPro Canada.

— Postmedia News

Report Error Submit a Tip

Canada

LOAD MORE