Official: Canada Drug Buys Save Ky. Money
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Lexington retiree Gerry Adams has been buying her prescription medications from Canada for two years. The move, Adams said, saves her money and her doctor doesn't hesitate to write a prescription knowing it will be filled in Canada.
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(230 sec.) How the company can offset the loss of heart drug Torcetrapib.
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In a surprise attempt by a Cambridge biotechnology company to trump a takeover bid by one of its neighbors, Millennium Pharmaceuticals Inc. yesterday said it had reached a $515 million deal to buy a small Canadian drug firm that Genzyme Corp. has been trying to buy since late last month.
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A national pharmacare program could free up hospital beds and result in cheaper pharmaceuticals and better home care, says George Langill, CEO of the Royal Ottawa Hospital.
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TUESDAY, Oct. 26 (HealthDayNews) -- Savings of &#36;4.75 billion a year could be achieved in the United States if more people used over-the-counter (OTC) medications to treat common upper respiratory infections, says a Northwestern University study.
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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.
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Ottawa is sitting on a surplus worth billions of dollars and can afford to pick up the cost of a national drug program, provincial finance ministers said yesterday.
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The government is purchasing additional doses of flu vaccine from a foreign manufacturer to help relieve the US shortage. Up to 5 million doses are available from plants in Canada
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The annual report by the Canadian Institute for Health Information on health spending shows that health spending in the country is expected to reach $130.3 billion in 2004, a 5.9% increase over last year and the lowest annual increase in the last seven
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Merck & Co. Inc.  has agreed to pay $2.3 billion to settle a tax dispute with the U.S. Internal Revenue Service, the drugmaker said on Wednesday, but other tax disputes with U.S. and Canadian authorities totaling $3.26 billion remain unresolved.
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The county that is home to the Food and Drug Administration took a first step yesterday toward buying prescription drugs from Canada, despite FDA warnings that such a practice would be illegal.
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The Manulife Financial Corporation, a Canadian life insurance company, said it would buy the Berkshire-TWC Financial Groupâs mutual fund and securities dealerships to bolster its Canadian wealth management business. Manulife said the deal would double its number of Canadian wealth management advisers and triple its assets under administration in that business. The deal is part of a plan by Manulife of Toronto to expand its mutual funds unit. The takeover creates a sales force of 1,500 independent advisers and a business with about 19 billion Canadian dollars ($17.7 billion) in assets under administration. The price was not disclosed.
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A prescription cannabis medicine made by UK biotech firm GW Pharmaceuticals is set to be approved in Canada, sending its shares more than 8% higher.
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Cigarette maker Imperial Tobacco has said it would buy Commonwealth Brands, the fourth biggest player in the United States, for 960 million pounds.
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Canada&#39;s health minister says this country cannot &quot;be the drug store of the United States.&quot;. Ujjal Dosanjh&#39;s warning comes as several states are pushing to buy low-cost prescription drugs north of the border.
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The Bush administration said yesterday that commercial importation of some low-cost prescription drugs from Canada might be feasible, but the savings to consumers
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TORONTO -- Canada&#39;s chief public health officer defended yesterday the right of the country&#39;s flu vaccine manufacturer to sell surplus supply to the United States.