I had just read a column by Dr. Donald R. May, an American columnist, who wrote about the fallacies and pitfalls of Americans buying their drugs from Canada, when this story popped-up. Read Dr. Donald May’s column, in addition to this news article.
Here’s some snippet’s from Donald R. May’s column on the topic, from December 2004:
Before the election, it became opportunistic to publicize that prescription drugs are sold at lower costs in Canada. This resulted in additional thousands of our fellow citizens, and even some state governments, trying to purchase prescription drugs from Canadian pharmacies.
What are the facts and what should we do? First, the United States has always shouldered a greater portion of the burden for research and development in almost every industry, and the pharmaceutical industry has been no exception. Forty percent of all research and development takes place in the United States, and we pay for it in the cost of products and with our taxes.
The primary value that we obtain from the higher prices we pay for our prescription drugs is research and the development of new prescription drugs, which benefit not only us but also people throughout the World. If it were not for the United States, we simply would not have new prescription drugs and vaccines to combat diseases such as cancer, AIDS, and diabetes.
[…] Other developed countries are getting a free ride courtesy of U.S. patients and are not paying their share for pharmaceutical research and development. If prices were more equitable in other countries, many of these countries would have their own drug research programs. This would increase the number of new medications developed worldwide and provide many new jobs.
Our best solution is to reduce the costs of our drug development. To achieve this, we must eliminate unnecessary bureaucratic rules and regulations, stop the persistent attempts to fully socialize our health care economics, and prevent the unwarranted attacks of legal predators from destroying our health care system. This will decrease the cost of drugs for everyone and increase the resources necessary to develop more new drugs.
And here’s the news article appearing today in online newspapers:
Writer and Executive Editor for ProudToBeCanadian.ca.
PTBC was founded by Mr. Johannesen in 2000.
Contact Mr. Johannesen about this article using this form. Please refer to article's title.
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