Article

2003-09-16 Great White North

Illinois wants Canadian drugs (no, not cannabis)

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Posted by Rafael 2003-09-16 12:56:29 PM|| || Front Page|| [1 views since 2007-05-07] Top

#1 BTW, there's a bit more to the story at the link.

Posted by Rafael 2003-9-16 1:05:38 PM|| 2003-9-16 1:05:38 PM|| Front Page Top

#2 Sometimes I wish English was a little more precise. When they ask me "Do you have drugs" I never know whether they mean aspirin or heroin...

Posted by True German Ally 2003-9-16 4:29:36 PM|| 2003-9-16 4:29:36 PM|| Front Page Top

#3 If I were making a new and inovative medicine, I would only sell it in the US where I could se the price until my patent expired.

Posted by Super Hose 2003-9-16 5:10:22 PM|| 2003-9-16 5:10:22 PM|| Front Page Top

#4 --But it could eventually bump up prescription-drug prices in Canada.--

Bout time they started paying their fair share. Now if we could get *the world* led by phrawnce......

Posted by Anonymous 2003-9-16 5:55:03 PM|| 2003-9-16 5:55:03 PM|| Front Page Top

#5 These "buy Canadian drugs" programs are buying US drugs back, that is what is meant by 'cheaper': if it was Canadian drugs, no problem... Canada and others have been using the size of their bulk-buying budget and the threat of world opinion ("They won't sell our sick people life-saving medicine!") to get prices cut: not that bad for, say, pillowcases which haven't and won't be changed or superceded - but yes, R&D costs are what get from such sales of medicine.

Posted by John Anderson 2003-9-16 9:42:44 PM|| 2003-9-16 9:42:44 PM|| Front Page Top

#6 John Anderson,

That's why I would only sell innovative medicine directly in the US market. Let an exporter pay for a volume discount if they want, but the overall economics will wash out any advantage to re-import.

Posted by Super Hose 2003-9-16 10:03:08 PM|| 2003-9-16 10:03:08 PM|| Front Page Top

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