Amendments to PMPRB Regulations will now be in force January 1, 2021

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Further to our last update on the amendments to the Patented Medicines Regulations (see here) and related Guidance (see here), the Patented Medicine Prices Review Board (PMPRB) has today announced that:

  • The coming into force date of the amended Patented Medicines Regulations will now be January 1, 2021; and
  • A revised set of draft Guidelines will be published the week of June 15, 2020 followed by a 30-day consultation period.

The most immediate and practical impact of this change is that reporting requirements due by July 30, 2020 of sales and pricing information for the period from January 1, 2020 to June 30, 2020 will clearly be governed by the current Regulations.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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