Fraser Institute: Generic drug policy costing Canadians hundreds ...
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TORONTO (CP) - Canadians are paying hundreds of millions of dollars too much for generic prescription drugs because federal government policies are allowing manufacturers to shut out competitors, a study released Monday concludes.
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Canadian health officials are drafting a proposal to prevent Internet pharmacies from selling mail-order prescription drugs to U.S. consumers, a spokesman said Wednesday, a move that would essentially kill a &#36;700 million industry that has become increasingly popular with underinsured patients in search of cheaper medicine.
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Importing drugs from Canada and other nations where prices are lower wouldn&#39;t generate enough savings for US consumers to justify the risks, regulatory costs or harm to the drug industry, a federal task force found.
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HALIFAX (CP) - Nova Scotia's auditor general is calling for improvements to the province's costly prescription drug programs.
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The newly empowered Democrats' vow to  cut healthcare costs might spell bad news for the brand-name  pharmaceutical industry, but could provide new momentum for  generic drug rivals, the Wall Street Journal reported on its  Web site on Tuesday.
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TORONTO, Jan. 6 -- The Canadian health minister plans to restrict the supply of inexpensive prescription drugs shipped to about 2 million patients in the United States each year, and industry officials here are saying President Bush is behind the move.
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When the federal government says it can&#39;t afford a national pharmacare program -- the one recently proposed by the provinces -- what it&#39;s really saying is that the provinces can&#39;t afford what they already have.
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OTTAWA - Canada&#39;s highly successful price-control regime for prescription drugs could be at stake in the controversy over Internet drug exports, says Health Minister Ujjal Dosanjh.
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TORONTO (CP) - Downsizing strategies implemented by governments and companies alike in the 1990s have burdened Canada&#39;s health-care system with up to $14 billion a year in additional costs, a new federal study concludes.
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Annual inflation in drug costs is at the lowest rate in three decades as generic versions of some of the most common drugs have recently come on the market.
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WASHINGTON The Bush administration is saying that commercial importation of some low-cost prescription drugs from Canada might be feasible, but the savings to consumers would be small, and the federal government would have to spend several hundred million
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TORONTO - Downsizing strategies implemented by governments and companies alike in the 1990s have burdened Canada&#39;s health-care system with up to $14 billion a year in additional costs, a new federal study concludes.
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Could the compromise regarding generics be win-win?
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The government said Tuesday that intercepted drugs purportedly sent from Canada were made and shipped elsewhere, had been subject to Canadian recall and had cheaper generic counterparts in the United States.
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Importing cheaper prescription medicines would require costly safety measures and save US consumers little money, a government task force said on Tuesday in a report
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Consumers would see little savings from a government-sanctioned system of prescription drug imports from Canada, and imported drugs carry safety concerns.
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TORONTO (CP) - In his first public address as federal health minister, Ujjal Dosanjh carefully toed the government line on Monday, saying Ottawa is prepared to invest more money in medicare to reduce waiting times, but not by sponsoring a national pharmacare program demanded by the provinces. But even as he was speaking, Saskatchewan's premier said in Regina that provincial premiers will meet one more time to flesh out the details of the proposed pharmacare program before taking their idea to Prime Minister Paul Martin.