What Does PMPRB Stand For?

PMPRB stands for Patented Medicine Prices Review Board Canada

The Patented Medicine Prices Review Board (PMPRB) is an independent, quasi-judicial body in Canada responsible for regulating the price of patented medications. Established under the Patent Act, its primary mandate is to ensure that the prices of patented drugs are not excessive, thereby promoting accessibility and affordability for Canadians. The PMPRB conducts price reviews, monitors market trends, and provides guidance on pricing practices to uphold the integrity of Canada's healthcare system.