US to set up plan allowing prescription meds from Canada
U.S. moves to create a way for Americans to legally and safely import lower-cost prescription drugs from Canadian drugmakers.
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“…Canada's health minister says the federal government is in touch with U.S. officials to discuss the Trump administration's plan to allow imports of cheaper prescription drugs from north of the border…
The administration of U.S. President Donald Trump said Wednesday it will set up a system to allow Americans to legally import lower-cost prescription drugs from Canada, weakening a longstanding ban that had stood as a top priority for the politically powerful pharmaceutical industry...
Most patients take affordable generic drugs to manage conditions such as high blood pressure or elevated blood sugars. But polls show concern about the prices of breakthrough medications for intractable illnesses like cancer or hepatitis C infection, which have costs that can run to $100,000 US or more. And long-available drugs like insulin have also seen price increases that have forced some people with diabetes to ration their own doses…
Some experts have been skeptical of allowing imports from Canada, partly from concerns about whether Canadian suppliers have the capacity to meet the demands of the much larger U.S. market… But consumer groups have strongly backed the idea, arguing that it will pressure U.S. drugmakers to reduce their prices. They also point out that the pharmaceutical industry is a global business and many of the ingredients in medications sold in the U.S. are manufactured abroad…”
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