CEO of the powerful trade group PhRMA—Pharmaceutical Research and Manufacturers of America—said in a statement that the group is "deeply concerned with the FDA’s reckless decision to approve Florida’s state importation plan" and claimed importation "poses a serious danger to public health."
Yeah right. These Canadian drugs will definitely pose a health risk to Americans. Suuuuure. They're definitely not worried they'll have less money to line their pockets with.
You misunderstand.
"Public Health" is what they call their wallets.
Florida needs to grow a pair and advocate for universal Healthcare or at least statewide bulk medicine purchases. Canada shouldn't bail Florida out for being a dumbass.
Pick the easy solution. Many other countries have.
First we'd have to wrest control of florida from the grip of the "I got mine" "Slavery was a benefit to the slaves" and "Don't say gay" maga and/or boomer assholes who control the state from the top down.
Then and only then would there be the slightest possibility that anyone in power in Florida would advocate for anything that would actually help anyone.
Until then it's all grandstanding and the Gilead express.
Lol
They'll get right on that after the purges, I'm sure.
It’s not collective bargaining if you buy from a nation that already did the collective bargaining for you.
Ron DeSantis, master of the Double Dutch Rudder.
These drugs will get sold in the US at the same price as the rest. No way will big pharma be undercut.
Nah. Plently of middlemen would be happy to arbitage a drug in canada that costs $20 and sell a million doses to Florida for $25. Aint no one gonna buy those million doses for the same $340 they can pay in the US.
Eventually, market forces will force the middleman to take a small profit at most, as they would be undercut by another middleman who would. Drug prices would pretty closely match at that point.
In a world of lots of small middlemen, sure. But in a world where you only have a handful of middlemen that can all collude with eachother to fix prices high? looks pointedly at several entire markets
Sure, you could have a cartel, but cartels only really work in industries that have very high barriers to entry, like oil production. Non-members have every incentive to undercut the cartel, and if it's reasonably easy to enter the market, someone will do that.
It's not particularly hard to buy stuff from Canada and re-sell it.
Any random stuff from Canada, yes. But as I understand it there are a few extra hoops at the border for large quantities of prescription medications.
That's the beauty, they won't have a choice. When it comes to pharma, the US is 110% anti-consumer.
I would welcome US and other countries to purchase drug made in canada. Whiles drugs imported by Canada should be restricted or some kind of reexportation fee should be levied to avoid shortages.
There are several manufacturer based in Canada such as Apotex Inc., Johnson&Johnson/Actelion, AbbVie, Novartis, Merck/Cubist, Pfizer/Hospira, Bayer, Roche, AstraZeneca, GlaxoSmithKline, etc… Statistics from 2020
I would love to see Canada become a major influence in making high quality generic drugs more afordable to every one on the planet.
Only good capitalism is a dead capitalism.
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.