How different is it to get approval from Health Canada vs the FDA for drugs and medical devices?

Question

I am interested in learning more about the approval process for drugs and medical devices in Canada vs the USA. New and emerging companies would benefit from this.

Answer 1

In Canada, everything has to go through a rigorous testing process before it can be released to the public, but you can get generic versions of drugs much sooner than in the USA; I think it's twenty years after proprietary version is released.