Purchasing Drugs From Canada | Pro Pharma Talks

Описание: Why Drugs Are Less Expensive in Canada?
Many Americans are tempted to purchase their medications from Canadian pharmacies.

Many foreign countries, including #Canada, control the price of drugs that are sold and distributed in their territories. This is sometimes tied to the fact that they have national and universal #healthcare. This allows the government to negotiate the costs and keeps the prices very low. There are no price controls and costs are influenced by the marketplace in the United States. Manufacturers pass on the costs of researching, developing, and advertising of new drugs to consumers. But, the unregulated market in the United States benefits consumers: the prices of generic drugs, which competition keeps lower, and they are often less expensive than their foreign counterparts.

The American government announces a proposal to allow its citizens to import prescription drugs from Canada.

1. Quality of prescription drugs

a. Health Canada responsible for the efficacy and safety of drugs marketed in Canada

b. Health Canada operates under the Food and Drugs Act and regulatory mandate under the Food and Drug Regulations

c. Most drugs are not manufactured in Canada

d. There is no parity between drugs available without a prescription in US vs. Canada

2. Availability of prescription drugs

a. US Rx received in Canadian pharmacy must be approved by a Canadian physician prior to it being filled – cosigning

b. Canada Health Act – drugs administered in Canadian hospitals are approved at no cost to patients

c. Employers cover many Canadians and their families

d. Drug Shortages in Canada –

i. Website for reporting drug shortages and discontinuations in Canada

ii. Drug sellers must report that they cannot meet demand

3. Cost considerations

a. Canada

i. Most prescription drugs are imported

ii. The government places price ceilings on Brand name medications imported into Canada

b. Canadian internet pharmacies are suspect

c. Bricks and mortar pharmacies are the same as the US

4. Opportunity Savings

a. HIS Markit study – Abilify costs 87% less and Xarelto costs 60% less

b. Concerns that manufacturers will increase prices for drugs in the US and Canada

5. State Plans

a. Florida

b. Vermont

6. Trump’s Plan

a. States, individual pharmacies, wholesalers can write proposals and submit for federal approval

b. Exclusions – biologics, medications created from living organisms

c. FDA would work with manufacturers to bring drugs made in foreign factories to the US (e.g., insulin)

7. Arguments Against – PhRMA

a. Counterfeit, dangerous medications

b. Canada drug market too small

c. Canada doesn’t have an unlimited supply of medications

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