This statistic depicts the average ratio of median international prices to prices in Canada for patented drug products between 2004 to 2022. In 2022, the ratio between international prices and Canadian prices averaged 1.13. 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 2022
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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PMPRB. (February 20, 2024). Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/
PMPRB. "Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2022." Chart. February 20, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/
PMPRB. (2024). Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/
PMPRB. "Average Ratio of Median International Prices to Canadian Prices for Patented Drugs from 2004 to 2022." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/
PMPRB, Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2022 Statista, https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/ (last visited July 22, 2024)
Average ratio of median international prices to Canadian prices for patented drugs from 2004 to 2022 [Graph], PMPRB, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/422718/ratio-of-patented-drug-international-price-to-price-in-canada/
