Making Patient Care Affordable in Pharmacies, Hospitals and Clinics
Across the country in our pharmacies, hospitals and clinics generic medicines are dispensed to fill more than 74% of all prescriptions in Canada and only cost 21.8% of the money we spend annually on prescription medicines.
Some of the most prescribed generic medicines are priced at a 90% discount off the price of the brand-name drug. That means we can treat up to 10 patients for the cost of treating one patient with the brand-name version. Every day in Canada, an average of 2.2 million prescriptions are dispensed using generic medicines.
Contribution to our Provincial Healthcare Systems
Savings from 1% Increase in Use of Generics*
Prince Edward Island
* millions of dollars
Source : IQVIA, 12 months ending December 2022