TORONTO, ONTARIO--(Marketwire - Jan 18, 2013) - Government heard the pharmacy community''s concerns about the potential risks for increased drug shortages, instability in the supply chain and the resulting impacts on patients, and have announced that they will not proceed with a national competitive bidding process for generic drugs.The Canadian Association of Chain Drug Stores (CACDS) is very pleased by this decision. Community pharmacy, however, is concerned by the provincial governments'' announcement of further reductions to generic drug prices. The prices of generic drugs have been dramatically reduced across Canada over the past few years. Some of these price reductions have not yet been fully implemented or their full impact known. "Prescription drugs provide the greatest value to improving the health of Canadians and reducing future healthcare costs.We can overcome present challenges by working with stakeholders and government towards a common objective: improved patient care," says Denise Carpenter, CACDS President and Chief Executive Officer. "Prescription drugs are just one of the contributing costs to healthcare delivery and we call on provincial governments to consider the system holistically and continue to engage all stakeholders to develop solutions that increase access to health services and improve patient outcomes." CACDS supports on-going collaboration … Continue reading
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