Our Impact
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.
Impact
Contribution to our Provincial Healthcare Systems
British Columbia
73.1%
Total prescriptions
24.4%
Total cost
Alberta
72.5%
Total prescriptions
21.9%
Total cost
Saskatchewan
76.2%
Total prescriptions
20.4%
Total cost
Manitoba
77.9%
Total prescriptions
24.0%
Total cost
Ontario
69.1%
Total prescriptions
18.7%
Total cost
Québec
78.6%
Total prescriptions
20.3%
Total cost
New Brunswick
72.3%
Total prescriptions
21.6%
Total cost
Nova Scotia
76.8%
Total prescriptions
21.0%
Total cost
Prince Edward Island
71.1%
Total prescriptions
23.8%
Total cost
Newfoundland / Labrador
71.1%
Total prescriptions
23.8%
Total cost
Savings from 1% Increase in Use of Generics*
Province | Private sector | Public sector | Total |
|---|---|---|---|
British Columbia | $ 36.9M | $ 19.8M | $ 56.7M |
Alberta | $ 39M | $ 34.8M | $ 73.8M |
Saskatchewan | $ 11.8M | $ 12M | $ 23.8M |
Manitoba | $ 14M | $ 12.8M | $ 26.8M |
Ontario | $ 168.5M | $ 142.3M | $ 310.8M |
Quebec | $ 140.6M | $ 111.3M | $ 251.9M |
New Brunswick | $ 15.1M | $ 7.5M | $ 22.6M |
Nova Scotia | $ 18M | $ 9.8M | $ 27.8M |
Prince Edward Island | $ 2.1M | $ 1.1M | $ 3.2M |
Newfoundland Labrador | $ 8.3M | $ 4.3M | $ 12.6M |
Canada | $ 454.3M | $355.7M | $ 810M |
* millions of dollars |
Source : IQVIA, 12 months ending December 2022