Canada’s Goodwill Program Riles Generic Makers

Now that Apotex has won a bid to produce and ship copycat AIDS meds to Rwanda, the generic drugmaker says it will never participate in the goodwill program again unless the federal government simplifies the process, The Toronto Globe & Mail reports.
Apotex became the first generic drugmaker in the world yesterday to be awarded a [...]

Canadian Patent Rule Would Delay Generics

A new set of patent rules proposed by the federal government would delay generic versions of Lipitor, Viagra and several other blockbuster drugs by as much as two years, The National Post reports. And generic drugmakers, not surprisingly, are warning the effort will cost consumers and taxpayers tens of millions of dollars annually.
The government says [...]

Bristol-Myers Blinks Over Erbitux Price In Canada

Two years ago, the drugmaker refused to sell the cancer med in Canada because the government board that regulates the cost of patented meds decided the price would have been too high. Now, though, Bristol-Myers has agreed to sell Erbiux and at a price lower than it had wanted, The Globe and Mail reports.
A Bristol-Myers spokesman says [...]

Will Canada’s New Approval Process Hurt Safety?

That’s the concern after the government moved yesterday to meet intense pressure to get new drugs on the market faster while maintaining rigorous safety requirements. But health experts warned that Canadians could be exposed to meds that are approved too quickly to ensure safety, The Globe and Mail reports.
Canada introduced sweeping changes to the way [...]

McCain Will Cost Pharma $40 Billion

The Republican presidential candidate, as you know, supports the idea of importing drugs from Canada, which plays into his carefully polished image of maverick. Consumers may like the notion, but it could cost drugmakers that much over 10 years, Bloomberg News writes.
“If there are ways to bring greater competition to our drug markets by safe [...]

A Place For McCain To Chat About Reimportation

There is a new Internet site that may appeal to the Republican presidential frontrunner, who insists he supports buying drugs from foreign countries. eDrugSearch, which is a search engine for finding meds from ‘international pharmacies,’ is now running a new social network for consumers. Now, you can not only find a place to order your [...]

House Passes Bill Allowing Importation

The House passed legislation Thursday effectively permitting the importation of lower-cost drugs from places such as Canada, Australia and Europe, the Associated Press reports. The move came as lawmakers passed a $91 billion spending measure funding farm subsidies and nutrition programs for the budget year beginning Oct. 1.
The bill, passed by a 237-18 vote, faces [...]

Generic Prices Skyrocket In Canada

Thanks to “misguided” Canadian government policies, the prices for generics have risen so dramatically that they’re more expensive than the same drugs in the US, a new study from the Frasier Institute, an independent Canadian think tank, shows.
Generic prices in Canada were, on average, 115 percent higher than US prices. But Canadian brand-name drugs were [...]

Canada’s High Prices: Where’s Michael Moore?

The number of meds suspected of being sold at excessively high prices has soared in the past 18 months, equalling the total number of cases in the past 18 years, a Canadian government watchdog reports. The glut of alleged price violations identified by the agency could be an early sign drugmakers are looking for new [...]

Legalize Importation? Non! Your Poll Results

Earlier this week, we wrote about Marcia Bergeron, who inadvertently became the poster child for the reimportation debate. The 58-year-old Vancouver resident died in December and last week the coroner made official what drugmakers and pharmacists have been saying for months - she was killed by fake meds ordered over the Internet.
Bergeron’s death is a [...]

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