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Importing prescription medications
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De
07/05/2007 16:23:40
 
 
À
07/05/2007 16:18:56
Information générale
Forum:
News
Catégorie:
International
Divers
Thread ID:
01223037
Message ID:
01223203
Vues:
33
>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 think it fits to what I wrote is this and other messages.

>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?

This 'opposition' should be understood as a derivative: if drug import is allowed, and if companies are pressured by gov't to cut prices then they get too many incentives to move abroad, i.e. join other industries.
Edward Pikman
Independent Consultant
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