Sunday, December 12, 2004

From the New York Times:
Internet Drug Exporters Feel Pressure in Canada
Five years ago, a young Manitoba pharmacist fresh out of school started selling Nicorette chewing gum over e-Bay. From that modest beginning the Canadian online pharmacy industry took off, racking up cross-border sales of more than $800 million a year, upsetting United States drug companies and prompting a debate over prescription drug prices in the American presidential election.

But now an industry that thrived on discrepancies between the country's regulated drug prices and America's higher, largely unregulated prices has run into regulatory, political and economic pressures at home that promise not just to change the business fundamentally, but possibly to drive it out of Canada altogether.

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