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 73% of all prescriptions in Canada and only cost 20.5% 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 1.5 million prescriptions are dispensed using generic medicines.
Impact
Contribution to our Provincial Healthcare Systems
British Columbia
72.3%
Total prescriptions
24.3%
Total cost
Alberta
71.9%
Total prescriptions
21.9%
Total cost
Saskatchewan
75.7%
Total prescriptions
20.2%
Total cost
Manitoba
78.4%
Total prescriptions
23.9%
Total cost
Ontario
69.2%
Total prescriptions
18.6%
Total cost
Québec
77.4%
Total prescriptions
20.5%
Total cost
New Brunswick
73.3%
Total prescriptions
21.5%
Total cost
Nova Scotia
75.4%
Total prescriptions
20.9%
Total cost
Prince Edward Island
73.3%
Total prescriptions
23.8%
Total cost
Newfoundland / Labrador
73.3%
Total prescriptions
23.8%
Total cost
Savings from 1% Increase in Use of Generics*
Province | Private sector | Public sector | Total |
|---|---|---|---|
British Columbia | $ 36.1M | $ 22M | $ 58.1M |
Alberta | $ 36.1M | $ 32.3M | $ 68.4M |
Saskatchewan | $ 10.8M | $ 10.4M | $ 21.2M |
Manitoba | $ 12.5M | $ 10.5M | $ 23M |
Ontario | $ 150.5M | $ 129.3M | $ 279.8M |
Quebec | $ 134.2M | $ 115.7M | $ 249.9M |
New Brunswick | $ 13.4M | $ 7.2M | $ 20.6M |
Nova Scotia | $ 14.8M | $ 8.2M | $ 23M |
Prince Edward Island | $ 1.8M | $ 9.0M | $ 2.7M |
Newfoundland Labrador | $ 7.7M | $ 3.9M | $ 11.6M |
Canada | $ 417.9M | $340.4M | $ 758.3M |
* millions of dollars |
Source : IQVIA, 12 months ending December 2021