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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (211374)11/10/2004 1:15:28 PM
From: Peter Dierks  Read Replies (1) of 1571241
 
The reason that brand name drug prices are lower in Canada is that American drug companies that produce most of the new drug can stick Americans with the total cost of R & D. That haaving been paid for, they find it more profitable to sell some quantities in markets like Canada than to sell none.

If you legalized re-importing drugs with current laws on the books, there would be no brand name drugs available for sale in Canada. Drug companies would ration them, and Canadian pharmacists would have to choose between selling to Canadians or price shopping Americans. Canada would make it illegal to sell to foreigners. Problem solved.

If you want to solve the drug price problem you need to find a way to shift a fair share of R & D to other first world countries.

This article I re-posted yesterday explains it.
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