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To: TimF who wrote (183396)2/3/2006 11:40:08 AM
From: slacker711  Read Replies (1) | Respond to of 186894
 
But if hundreds of millions of Americans try to buy drugs at current Canadian prices from Canada than both systems fall apart.

Of course it wont work, but I'm not sure we shouldnt want the rest of the worlds systems to fall apart. The US is currently subsidizing the world's drug R&D budget through its higher prices. The cost to US competitiveness is way to high for the system to continue forever. We will either need to adopt a system similar to the rest of the world, which will mean fewer new life saving drugs....or we need to pressure the other industrialized countries to get rid of their price controls.

Slacker



To: TimF who wrote (183396)2/3/2006 6:28:03 PM
From: John Koligman  Read Replies (1) | Respond to of 186894
 
*OT* Tim, I wonder in the case of most drugs if increased demand even HAS to result in increased price. Someone correct me if I'm wrong, but I think that in most cases the 'raw materials' for pills are not a problem, and the Pfizers of the world could simply crank out additional product the way Microsoft can simply 'burn' as many additional copies of Office as the market demands. The exception would be if demand spiked so high that additional manufacturing capacity had to be added.

Best regards,
John