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About Drug Pricing
How are drugs priced now?
Drug pricing is changing in Canada. British Columbia, Alberta, Saskatchewan, Ontario, Quebec and Nova Scotia have all announced changes to generic drug pricing.
Generic drugs in New Brunswick are currently priced between 50% and 70% of the brand name price. In other provinces, generic drugs are priced as low as 25% to 35% of the brand name price.
What do New Brunswickers pay now?
Here are two examples that show what the people of New Brunswick pay for commonly prescribed drugs for osteoporosis and high cholesterol, compared to what they would pay if New Brunswick adopted other provinces’ new drug pricing strategies.
