Legalized Drug Imports Too Costly and Difficult: Report
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Americans would be better off if they increased their use of generic prescription drugs instead of being allowed to buy drugs from other countries, according to a Bush Administration task force report on the feasibility of legalizing drug imports.
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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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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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Despite having left the door open to the possibility of allowing the importation of drugs, yesterday the Bush administration reinforced its opposition to importation of prescription drugs from Canada and other countries.
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Description: A Bush administration task force has raised serious doubts about whether drugs imported from abroad can be made safe.
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Applying US safety standards to drug imports is more important than allowing them into the country without the regulations just because they are cheaper, some delegates of the American Medical Association said Sunday.
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Bumper cannabis crops -- and tighter border controls -- are creating a looming internal drug problem for the country
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Opponents of importing prescription drugs from Canada are introducing a new argument to the debate with studies that say it would wipe out thousands of jobs in states like Massachusetts that depend on pharmaceutical and biotechnology research.
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HUDSON, Wisconsin (CNN) -- With political pressure mounting to allow imports of cheaper prescription drugs from Canada and other countries, President Bush appeared to move closer to supporting the idea Wednesday -- but only if the safety of the drugs ...
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The prices Americans pay for prescription drugs would fall &#151; though not to the levels of Canada or Europe &#151; if the government let consumers buy medications abroad, lawmakers were told Wednesday.
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Drug prices are a growing problem, and firms trying to set uniform prices face serious difficulties because of the disparities in how much countries can afford to spend, the head of Britain's health watchdog said on Monday.
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The worldwide illegal drugs trade has stopped growing for the first time since the mid-Nineteenth Century, although use and production of some drugs is rising fast in pockets, a senior U.N. official said on Wednesday.
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Afghanistan is on its way to becoming a "narco-state" and U.S. and NATO-led forces in the country should get more involved in fighting the drug trade as well as terrorists, according to a U.N. report released Thursday.
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President Bush dangled his support for legalizing prescription drug imports before voters during this year&#39;s campaign, but his administration declared Tuesday it&#39;s too costly to do safely.
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Business & money: The pharmaceutical industry business model is 'economically unsustainable', according to a report by accountants PricewaterhouseCoopers.
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Pushing more of the cost of  prescription drugs onto consumers causes patients to cut back,  sometimes with adverse health consequences, according to a  review of two decades worth of studies published on Tuesday.
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President Bush dangled his support for legalizing prescription drug imports before voters during this year's campaign, but his administration declared Tuesday it's too costly to do safely.