PMPRB Summary of VCUs & Orders - 1994
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| DATE OF APPROVAL |
MEDICINE |
PATENTEE |
%Above Guidelines |
PRICE REDUCTION1 |
EXCESS REVENUES2 |
PAYMENTS |
PATENT STATUS |
| VCUs |
| Nov. 28, 1994 |
Ortho 7/7/7 (21 & 28) |
Ortho-McNeil Inc. |
1.0 - 3.0 |
Yes - $9.75/$9.68/pack |
$487,091 |
$444,571 |
|
| Nov. 14, 1994 |
Minocin (50 &
100) |
Cyanamid Canada Inc. Lederle Laboratories |
0.3 - 2.8 |
No |
$84,813 |
$84,813 |
Expired 03/1993 |
| Oct. 18, 1994 |
Habitrol (7, 14, 21) |
Ciba-Geigy Canada Inc. |
7.2 - 17.5 |
Yes - Less than $3.07 - $3.24/patch |
$3,600,000 |
$2,950,000 |
|
| Sept. 26, 1994 |
Ponderal (60 mg) |
Servier Canada Inc. |
2.4 - 2.6 |
No |
$144,894 |
$144,894 |
Dedicated November 15, 1993 |
| ORDER |
1.There are no price reductions in cases where the PMPRB's jurisdiction ceased with the expiry or the dedication (prior to 1995) of the patent.
2. In all cases, all excess revenues were offset through further price reduction and/or payment.