Sunday, January 16, 2005

Americans devising ways to lower drug costs as Canada balks at exports

From CBC News:
As Canada considers restricting exports of cheap prescription drugs, Americans are devising other ways to lower their costs.

Even the big drug companies are getting into the act. Ten major manufacturers launched ads this week touting new discount cards covering 275 brand-name drugs for many of the 45 million people who don't have health insurance. And the U.S. Food and Drug Administration, which opposes imports, is asking for more money this year to speed the approval process for generic medicines, which takes an average 20 months after companies submit proposals. more...

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