Newspaper article The Florida Times Union

Cheap Drug Import Plan Gains Support

Newspaper article The Florida Times Union

Cheap Drug Import Plan Gains Support

Article excerpt

WASHINGTON -- Unable to find a way to expand prescription drug coverage for seniors, Congress is moving toward the smaller step of allowing the reimportation of U.S.-made prescription drugs sold cheaper abroad.

The legislation, while not final, aims to allow pharmacists and drug wholesale distributors to import U.S. drugs sold abroad. The Food and Drug Administration would be required to certify that all reimported drugs are safe and effective.

Rep. Bernie Sanders, a Vermont independent and a leading proponent of the measure, says the increased competition could lower the prices of drugs by 30 to 50 percent.

Sanders said he had made two trips with his constituents to Canada, where they found U.S.-made drugs costing as little as one-tenth the price of the same drug in the United States. His bill, he said, would "end the outrage of paying by far the highest prices in the world. All we want is fairness."

Sen. Byron Dorgan, D-N.D., a chief sponsor in the Senate, said the measure could have billions of dollars in impact because "pharmacies and distributors will simply access a cheaper supply, forcing the industry to re-price. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.