Agreement with Isologic to protect competition in healthcare

eAwazMedicine

GATINEAU – The Competition Bureau announced that it has entered into a consent agreement with Isologic Innovative Radiopharmaceuticals Inc. (Isologic) to address competition concerns with its contracting practices in the radiopharmaceutical industry. A Bureau investigation found that Isologic’s contractual practices with certain customers contravened the abuse of dominance provisions of the Competition Act. These practices affected certain customers purchasing radiopharmaceuticals used …

Moving forward with evidence-based public health approach to drug use

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Toronto – Toronto Public Health (TPH) updated its submission to Health Canada for an exemption under the Controlled Drugs and Substances Act to decriminalize drugs for personal use in Toronto. This is a critical step in Toronto’s response to the drug toxicity crisis. The update of the initial submission is a made-in-Toronto model to decriminalization. More information is available on …

Hormonal contraceptives lead to breast cancer risk

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WASHINGTON – All hormonal contraceptives carry some risk of breast cancer, including the popular progestogen-only pills, a recent study says. The researchers of study stressed that high risk of breast cancer should be weighed against the benefits of hormonal contraceptives, like protection they provide against other forms of female cancer.

US Moderna coronavirus vaccine

Moderna quadruples Covid-19 vaccine price

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NEW YORK-Bernie Sanders, Democratic Senator criticised Moderna price hike, saying it shows “unprecedented level of corporate greed” in the pharmaceutical industry. “And that is certainly true with Moderna.” Moderna has been charging $15-$26 for doses. The US government subsidized $1.7 billion of Moderna’s research at the outbreak of pandemic and then purchased $10 billion worth of vaccine, Sanders said at …

Report on support for cutting-edge innovation in science published

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Report details findings and recommendations on strengthening support system for science and research Ottawa – Canada is a global leader in research and innovation, and our world-class researchers perform bold, cutting-edge work that benefits us all and will continue to do so for decades to come. But the government also recognizes that in order to cement Canada’s leadership position in …

Increasing Canada’s capacity to manufacture critical medicines

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Over $80.5 million in federal funding for an Edmonton-based initiative will enable early-stage companies to bring new pharmaceutical products to market and develop talent in Alberta’s life sciences sector Edmonton – Canada is home to leading-edge research and expertise in the health and life sciences sector. The federal government is collaborating with all orders of government, industry, academic institutions, and …

Canada continues to invest in domestic vaccine production 

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Investment in Jubilant HollisterStier will strengthen Canada’s biomanufacturing capacity for vaccine and therapeutics production to protect Canadians against future health threats March 16, 2023 – Kirkland, Quebec The Government of Canada continues to make significant investments to strengthen Canada’s biomanufacturing and life sciences sector. Our approach prioritizes innovative solutions and long-term domestic biomanufacturing capacity right here at home. Since March 2020, over …

Funding for Centre for Aging & Brain Health Innovation

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Ottawa – The Government of Canada is committed to addressing the challenges of aging and brain health issues, including dementia. To this end, it is providing an additional $30 million to the Centre for Aging and Brain Health Innovation (CABHI). This builds on previous federal investments of $44 million over six years (2015-2021) provided to Baycrest Health Sciences to help launch …

New research hub at Toronto Varsity to accelerate vax, therapeutics production

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This research hub will further strengthen Canada’s biomanufacturing and life sciences sector while protecting Canadians against future health threats Toronto – The Government of Canada’s main priority continues to be protecting the health and safety of Canadians. Throughout the pandemic, the quick and decisive actions taken by the government meant that Canada was able to scale up domestic biomanufacturing capacity, …