Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Importing prescription medications
Message
From
07/05/2007 16:18:56
 
 
To
07/05/2007 11:11:13
General information
Forum:
News
Category:
International
Miscellaneous
Thread ID:
01223037
Message ID:
01223201
Views:
30
SNIP
>
>Canadian prescirption drugs are subsidized by Canadian gov't. The first day USA allows import of them, Canada will prohibit export. They are not willing to subsidize whole America, are they?
>There is another side in this issue. Pharmaceuticals are still an industry that has manufacturing on US soil. Forcing them out could be considered as a worthy goal in some quarters, but fortunately current administration opposes it.

You are wrong, Ed. The Canadian government does not subsidize drug costs for people.

What the Canadian government did do, as I understood it, was to set a "cap" on drug price increases in return for giving drug companies extra time for each of their patents.

I also understand that most of the drugs sold in Canada are actually imported and that Canadian manufacturing is largely limited to generic equivalents.

I also seriously doubt that there's anything 'governmental' that is holding the pharmaceutical firms from manufacturing in China. I more suspect big worries about intellectual property rights are the main cause. Why would the current Administration oppose their moving manufacturing to China when many other (formerly) "vital industries" have done so for some time now?
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform