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
73.7%
Total prescriptions
24.9%
Total cost
Alberta
74.6%
Total prescriptions
22.6%
Total cost
Saskatchewan
76.7%
Total prescriptions
24%
Total cost
Manitoba
79%
Total prescriptions
22.6%
Total cost
Ontario
74.1%
Total prescriptions
19.5%
Total cost
Québec
79.7%
Total prescriptions
25.4%
Total cost
New Brunswick
76.3%
Total prescriptions
22.5%
Total cost
Nova Scotia
77.5%
Total prescriptions
21.8%
Total cost
Prince Edward Island
76%
Total prescriptions
23.1%
Total cost
Newfoundland / Labrador
76%
Total prescriptions
23.1%
Total cost
Savings from 1% Increase in Use of Generics*
Province | Private sector | Public sector | Total |
|---|---|---|---|
British Columbia | $ 62.7 | $ 30.9 | $ 93.6 |
Alberta | $ 55 | $ 47 | $ 102 |
Saskatchewan | $ 13.2 | $ 13 | $ 26.2 |
Manitoba | $ 15.5 | $ 17.1 | $ 32.6 |
Ontario | $ 227.1 | $ 182.8 | $ 409.9 |
Quebec | $ 162.4 | $ 122 | $ 284.4 |
New Brunswick | $ 18.1 | $ 10.1 | $ 28.2 |
Nova Scotia | $ 19.9 | $ 11.8 | $ 31.7 |
Prince Edward Island | $ 2.3 | $ 1.5 | $ 3.8 |
Newfoundland Labrador | $ 10.6 | $ 5.6 | $ 16.2 |
Canada | $ 586.4 | $ 441.9 | $ 1,028.4 |
* millions of dollars |
Source : IQVIA, 12 months ending December 2023