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Increasing Drug Costs : Are we getting good value? Therapeutics Initiative (University of British Columbia)

Description

Therapeutics Letter 59 considers whether Canadians are receiving good value (in terms of better drug treatments) in the face of rising drug costs. Conclusions: The majority of new drugs do not represent a major advantage when compared to available alternatives. Since most new “me-too” drugs are much more expensive than equally effective older drugs, they represent a waste of health care resources. Physicians collectively have the power to prevent this waste and thus free up money for other sectors of the health care system.

Item Metadata

Title
Increasing Drug Costs : Are we getting good value?
Alternate Title
Therapeutics Letter 59
Creator
Therapeutics Initiative (University of British Columbia)
Date Issued
2006-07
Description
Therapeutics Letter 59 considers whether Canadians are receiving good value (in terms of better drug treatments) in the face of rising drug costs. Conclusions: The majority of new drugs do not represent a major advantage when compared to available alternatives. Since most new “me-too” drugs are much more expensive than equally effective older drugs, they represent a waste of health care resources. Physicians collectively have the power to prevent this waste and thus free up money for other sectors of the health care system.
Subject
Drug Costs; Physicians; Prescribing
Geographic Location
Canada
Genre
Other
Type
Text
Language
eng
Notes
The UBC TI is funded by the BC Ministry of Health to provide evidence-based information about drug therapy. We neither formulate nor adjudicate provincial drug policies.
Date Available
2023-06-20
Provider
Vancouver : University of British Columbia Library
Rights
Attribution-NonCommercial-NoDerivatives 4.0 International
DOI
10.14288/1.0433638
URI
http://hdl.handle.net/2429/85048
Affiliation
Medicine, Faculty of; Anesthesiology, Pharmacology and Therapeutics, Department of
Peer Review Status
Reviewed
Scholarly Level
Faculty; Researcher
Rights URI
http://creativecommons.org/licenses/by-nc-nd/4.0/
Aggregated Source Repository
DSpace

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Attribution-NonCommercial-NoDerivatives 4.0 International