Final week, FDA approved the State of Florida to import prescribed drugs from Canada. The worth of branded prescribed drugs in Canada is almost 3 times the price of equivalent prescribed drugs within the US, so this method may save the US cash.
Whereas there are some administrative points to work out on the US facet, the largest difficulty is the next: Canada doesn’t need to promote. CBC studies that Canadian Well being Minister Mark Holland said:
“There isn’t any manner we are going to permit any jurisdiction, be it a state or one other international jurisdiction, to hazard the Canadian drug provide. That isn’t an applicable answer to no matter challenges they could be dealing with…
We’re going to do every little thing in our energy to ensure that one other nation can’t be given the flexibility to pillage our well being system for its personal profit.”Canadian Well being Minister Mark Holland
Canada is worried as a result of the US would quickly exhaust the Canadian drug provide. This difficulty arose in 2019 as effectively through the Trump administration and Canadians had the same response again then:
Canada doesn’t have a big sufficient provide of pharmaceuticals to fulfill U.S. demand, and importing medicines from Canada wouldn’t considerably decrease U.S. costs, Ottawa’s performing ambassador advised U.S. officers in current conferences, in response to an announcement revealed on Friday…[the statement] cited a 2019 research that projected that if 40% of U.S. prescriptions had been crammed from Canada, the Canadian drug provide would run out in 118 days…the U.S. state of Florida spends extra on pharmaceuticals than all of Canada.
https://www.reuters.com/article/us-canada-health-supplies/canadian-ambassador-says-drug-imports-would-not-lower-u-s-prices-idUSKBN1XB55E/
FDA could not bear in mind that if States start to import medicine from Canada, pharmaceutical corporations could resolve to boost costs in Canada nearer to US ranges, because the US is the most important marketplace for most prescribed drugs.
Way more to return.
What is Canada’s response? FDA’s decision to allow Florida to import pharmaceuticals
