Friday, June 21, 2019

USA COMING FOR CANADA'S PRESCRIPTION DRUGS

It is a state with 21 million people, a huge concentration of medicine-consuming senior citizens and massive influence in the next U.S. election. And now, with President Donald Trump’s support, Florida is coming for Canada’s prescription drugs.

New legislation that Florida Gov. Ron DeSantis signed into law last week will set up a formal, government-run system for importing cheaper medicines to the state from north of the border, a project Trump has urged his administration to help bring to fruition.

Individual Americans have been importing drugs from this country for two decades, the demand ebbing and flowing, the impact here rarely noticeable.  But Florida’s initiative would seem to take the phenomenon to a new level, involving wholesale importation by America’s third-largest state, backed by the White House in a U.S. election cycle where high drug prices are front and centre.

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