The following will lead to the companies charging same or similar high prices from Canadians too.
Trump Administration Announces Plan To Import Drugs From Canada
This week the Trump administration announced their proposed rulemaking that would potentially allow for the importation of certain prescription drugs from Canada. If passed, the the plan would not be an immediate fix for high U.S. drug costs, but may help some Americans obtain cheaper drugs without having to cross the border.
According to an FDA press release published on Monday, the Trump administration announced that it had proposed a rulemaking that, if finalized, would allow for certain prescription drugs from Canada to be sold in the U.S. This plan was created in partnership with the U.S. Department of Health and Human Services and the U.S. FDA. The potential plan allows for two routes to import drugs from Canada. The first would allow states to develop plans to purchase drugs from Canada. The second would allow drug manufacturers to import cheaper versions of their drugs from Canada.
“Today’s announcement outlines two pathways for the safe importation of certain prescription drugs to help provide safe, effective, more affordable drugs to American patients,” said Health and Human Services Secretary Alex Azar, in the FDA press release. “These are historic actions by HHS and the FDA, and they represent the bold nature of President Trump’s agenda for lowering drug costs. The President has recognized the opportunity to lower costs for American patients through safe importation, and we at HHS and FDA are delivering on that possibility through a safe, commonsense approach.”
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