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Thread: If US buys Canadian drugs, supply would dry up

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    If US buys Canadian drugs, supply would dry up

    If US buys Canadian drugs, supply would dry up

    And the incredible demand on the (relatively) small Canadian drug market would drive prices up and the US would not see much cost lowering for prescription drugs. Not to mention irreparable destroy Canada's health care affordability.

    Importing prescription drugs from Canada has long been seen as an easy solution to skyrocketing drug prices for U.S. patients.

    But now that President Donald Trump and Democrats are pushing to make those cross-border sales legal, Canadian health experts are issuing a dire warning: It could destroy Canada's drug market.



    Attempting to fill the United States' needs with pharmaceuticals from its much smaller northern neighbor could sap supplies in Canada, creating shortages and driving up prices in a government-run health system that itself is struggling to make drugs affordable, opponents of the import proposals say. And the result, they say, would be little if any relief for high prices in the United States.


    “The Canadian shelves would run dry,” said Steve Morgan, a Canadian health economist who has advised the government on pricing reform.


    The drug industry has cited such concerns as justification for blocking importation by U.S. wholesalers, pharmacies and consumers. The U.S. Food andDrug Administration strongly discourages importing drugs even for personal use, saying it can't ensure they are safe.
    Read the rest at the link.
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    Does that mean we should also stop buying Molson or Moosehead beer from Canada? What about Canadian built automobiles? Or Canadian timber?

    My prediction will be if cheaper drugs go on sale from Canada American drug manufacturers will lower their prices to meet the competition.

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    Quote Originally Posted by nathanbforrest45 View Post
    Does that mean we should also stop buying Molson or Moosehead beer from Canada? What about Canadian built automobiles? Or Canadian timber?

    My prediction will be if cheaper drugs go on sale from Canada American drug manufacturers will lower their prices to meet the competition.
    That is what many assume. The article provides a different story.
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    Making beer and making drugs is not a valid comparison.
    Liberals are a clear and present danger to our nation
    Pick your enemies carefully.






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    Free market competition is always beneficial.
    Call your state legislators and insist they approve the Article V convention of States to propose amendments.


    I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.

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    Quote Originally Posted by Peter1469 View Post
    If US buys Canadian drugs, supply would dry up

    And the incredible demand on the (relatively) small Canadian drug market would drive prices up and the US would not see much cost lowering for prescription drugs. Not to mention irreparable destroy Canada's health care affordability.



    Read the rest at the link.
    Since we are talking about the same companies selling drugs more cheaply in the Canadian market, they would not allow the Canadian market to become the supplier to the U.S. market. They would simply refuse to increase the supply accordingly. The U.S. needs to grab the pharmaceutical bull by the horns and negotiate fairer pricing. The alternative could be the imposition of punitive fines for price gouging practices and use of those funds to supplement the cost of drugs to people of lesser means. I suspect that faced with billion dollar fines, Big Pharma would come to the table.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



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    Quote Originally Posted by Dr. Who View Post
    Since we are talking about the same companies selling drugs more cheaply in the Canadian market, they would not allow the Canadian market to become the supplier to the U.S. market. They would simply refuse to increase the supply accordingly. The U.S. needs to grab the pharmaceutical bull by the horns and negotiate fairer pricing. The alternative could be the imposition of punitive fines for price gouging practices and use of those funds to supplement the cost of drugs to people of lesser means. I suspect that faced with billion dollar fines, Big Pharma would come to the table.
    For that we need a government willing to stand up to them, not kneel before them.
    "Those who produce should have, but we know that those who produce the most — that is, those who work hardest, and at the most difficult and most menial tasks, have the least."
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    Quote Originally Posted by Captdon View Post
    Making beer and making drugs is not a valid comparison.
    Why not, they are both commodities aren't they? BTW, the main reason drugs are more expensive here is because of more government regulations which in MOST cases push the price up.

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    Quote Originally Posted by nathanbforrest45 View Post
    Why not, they are both commodities aren't they? BTW, the main reason drugs are more expensive here is because of more government regulations which in MOST cases push the price up.
    Actually, it's quite the opposite. Canada has regulations that mandate the price of drugs be no higher than the median global price. The US has no such regulations and the result is higher retail prices.

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    Quote Originally Posted by nathanbforrest45 View Post
    Why not, they are both commodities aren't they? BTW, the main reason drugs are more expensive here is because of more government regulations which in MOST cases push the price up.
    The U.S. does not have more regulations than places like the UK or Germany, but Europeans are charged far less for drugs than Americans.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



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