Thursday, May 04, 2006

Druggists fear new bill's rebate ban

From the London Free Press:
Neighbourhood drugstores may have been handed a lethal prescription from the Ontario government, say those who work in the business.

The province is proposing a law that would prohibit pharmacies from receiving rebate payments from generic drug companies -- something that would hit independent pharmacies the hardest.

"It will have a huge influence on the very existence of pharmacies in Ontario," said Hesham Abdelsayed, president of Ontario Medical Group, which operates three pharmacies in London and one in the region. ...more

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