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Friday, November 26, 2010

Liberals cave to Big Pharmaceutical Companies

Looks like the liberals are letting go of BC’s only independent drug review agency. Therapeutic’s Initiative evaluates new drugs on the market and was a good initiative that saved taxpayers millions annually as they helped source cheaper alternatives. This makes drugs more affordable to British Columbians. Apparently Therapeutics’ program had a huge return on investment as it generated  50 million worth of savings on a 1 million dollar operation. The initiative saved lives and now has no further role as funding has been terminated. Not getting a fuzzy feeling that this was the right move. The media has a way of spinning their stories so I suppose it's worth researching into this story a bit more. I will see what I can find.

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