Canada to allow bans on bulk drug exports
Last Updated Wed, 29 Jun 2005 13:01:41 EDT
CBC News
Canada will ban the bulk exports of prescription medications when needed, as part of strategy to control internet pharmacies, says Health Minister Ujjal Dosanjh.
"Canada cannot be the drugstore for the United States of America," Dosanjh said at a news conference in Ottawa on Wednesday.
The legislation is among a raft of changes aimed at controlling the booming industry, as Washington considers a law that would allow the bulk import of prescription drugs from other countries.
The ban wouldn't be permanent and would likely be limited to certain drugs that are in short supply at a certain time, Dosanjh said.
http://www.cbc.ca/story/canada/national/2005/06/29/drug-050629.htmlInteresting spins.
The CBC point that it is to prevent possible shortages from potential new US legislation. Also medicare has nothing to do with lower drug prices. The lower prices are the result of negotiations whereby patent rights were extended on drugs, in return the drug companies would have to justify their prices.
AP seems to have a different view.