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Trump's cheap drug import plan hits brick wall, pharma would be hurt

BECAUSE of Canadians' liberal use of generic drugs has driven down prices of American brand name drugs retailed in Canada, Americans cross the border to make massive regular purchases, causing stockouts and shortages for domestic consumers

Trump's cheap drug import plan hits brick wall, pharma would be hurt

BECAUSE of Canadians' liberal use of generic drugs has driven down prices of American brand name drugs retailed in Canada, Americans cross the border to make massive regular purchases, causing stockouts and shortages for domestic consumers

13 August 2019 - 19:00

BECAUSE of Canadians' liberal use of generic drugs has driven down prices of American brand name drugs retailed in Canada, Americans cross the border to make massive regular purchases, causing stockouts and shortages for domestic consumers.

The Trump administration has devised plan to allow imports of cheaper prescription drugs from Canada has a serious supply-side problem, but it has run into opposition as it would drive down US retail prices of American brand name drugs.



The drug supply could run out within six months if 20 per cent of US prescriptions came from north of the border, according to a 2018 study by Marv Shepherd, a professor emeritus at the University of Texas-Austin's pharmacy college.



In the event of the US legalising drug imports from Canada, 'The threat to the Canadian drug supply is real. Drug shortages will undoubtedly occur,' Prof Shepherd wrote.



Shortages of medications are already common in Canada. A 2018 survey of Canadian pharmacists found that 67 percent reported dealing with shortages daily or multiple times a day.



Not surprisingly, the drug import plan hasn't gone over well with Canadians. With federal elections coming in October, it seems unlikely that the government will get on board with this proposal as well.


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