Friday, August 29, 2003

From the San Jose (CA) Mercury News:
Canada's Internet pharmacies hurting from industry steps to halt U.S. sales
In the last eight months, the outlook for Daren Jorgenson's business has gone from upbeat to uncertain.

A strategy by major drug companies to strangle supplies to Canadian Internet pharmacies is stifling the industry, driving up prices and frustrating American consumers looking for cheaper medicines north of the border.

From the Toronto Star:
Drug war crossfire
The cost of all that effort is built into drug prices. Which helps explain why the excitement that once greeted the introduction of a Prozac or Celebrex has now given way to a widespread backlash among those footing the bill.

The recent U.S. outrage over drug prices is coming not just from the millions of low-income Americans who can't afford a yearly meds tab that can easily exceed $5,000. Major employers like General Motors Corp. are balking at the prodigious expense of funding ever-costlier drug plans for employees and retirees.

And U.S. state governments, many of them coping with budget crises, complain that paying even a portion of the drug costs of citizens covered by government health plans like Medicare and Medicaid will push them ever closer to insolvency as the Baby Boom generation moves into its drug-maintenance phase.

From the Kansas City Business Journal:
Canadian pharmacy will offer cheaper prescriptions
A company offering lower costs on prescription drugs by using a Canadian pharmacy will open two area locations.

Canada Drug Services of Kansas will open stores in Overland Park and Independence in early September.

No comments: