Manitoba Pharmacy Jurisprudence Practice Exam

What does the Patented Medicine Prices Review Board (PMPRB) aim to achieve?

1. Ensure drug companies make maximum profit

2. Set drugs prices to be the highest in the world

3. Get a comparable drug price around the world

4. Ban the sale of expensive drugs

The correct answer is: Get a comparable drug price around the world

The Patented Medicine Prices Review Board (PMPRB) aims to achieve a comparable drug price around the world. This means that the board works to ensure that drug prices in Canada are similar to those in other countries, taking into account factors such as the prevalence of the drug and the cost of producing it. Option A is incorrect because the PMPRB does not aim to ensure maximum profits for drug companies. Instead, its main concern is to protect the interests of Canadian consumers by ensuring fair and reasonable prices for patented medicines. Option B is incorrect because the PMPRB does not aim to set the highest drug prices in the world. In fact, one of the criteria the board considers when regulating drug prices is the affordability of the medication for consumers. Option D is incorrect because the PMPRB does not aim to ban the sale of expensive drugs. Its main goal is to balance the need for