PMPRB Summary of VCUs & Orders - 2005
Click on medicine to view details of VCU
DATE OF APPROVAL |
MEDICINE |
PATENTEE |
%Above Guidelines |
PRICE REDUCTION1 |
EXCESS REVENUES2 |
PAYMENTS |
PATENT STATUS |
VCUs |
Dec 15, 2005 |
Risperdal |
Janssen-Ortho Inc. |
Yes |
See VCU for details |
$669,426.81 |
$669,426.81 |
Expired 07/2006 |
Dec 15, 2005 |
DukoralTM |
sanofi pasteur Limited |
Yes |
See VCU for details |
$481,198.49 |
$481,198.49 |
Expiration 06/2016 |
Sept 9, 2005 |
Ortho 7/7/7 |
Ortho Inc. |
Yes |
|
$99,892.72 |
$99,892.72 |
Expired 09/2004 |
July 25, 2005 |
Starlix |
Novartis Pharma |
Yes |
2005 MNE: $0.5044 |
$174,306.29 |
$174,306.29 |
Expiration 02/2014 |
July 14, 2005 |
Ceretec |
Amersham Health Inc. |
Yes |
2005 MNE: 177.7475; 2004: 173.1935 |
$278,112.658 |
|
Expired 04/2006 |
Mar 7, 2005 |
Paxil CR |
GlaxoSmithKline Inc. |
|
MNE: $1.5861/12.5 mg; $1.7019/25 mg |
$ 310,403.64 |
$ 310,403.64 |
Expiration 07/2016 |
Mar 7, 2005 |
Tamiflu |
Hoffmann-La Roche Limited |
|
2005 MNE: $3.8917/per 75 mg caps |
$442,973.47 |
$442,973.47 |
Expired 05/2019 |
Feb 17, 2005 |
Evra9 |
Janssen-Ortho Inc. |
Yes |
Yes $4.47 Patch reduction of 45% |
$300,00.0010 |
$1,359,263.67 |
Expiration 08/2014 and 06/2016 |
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.
8. In the event any excess revenues had not been offset by the end of 2005, Amersham was to make a payment to each of the customers that purchased Ceretec from January 1, 2002 to December 31, 2004. Payments totaling $12,326.31 were made to offset the remaining excess revenues.
9. Notice of Hearing issued on December 23, 2004.
10. Excess revenues in the Evra matter were offset through 1) payment to the Government of Canada of $1,359,263.67; and 2) the remainder, $1,496,019.02, were offset through price reduction of Levaquin, another patented medicine sold by Janssen-Ortho in Canada, and a further payments to the Government of Canada in the amount of 683,272.00.