Connect with us

Hi, what are you looking for?

World

Canada blocks certain drug exports in response to US plan

-

Canada announced Saturday a ban on exporting certain medicines that are or may soon be in short supply, a measure in response to a US plan to import drugs from its northern neighbor.

The plan promoted by outgoing US President Donald Trump aimed at allowing pharmacists and wholesalers to import certain prescription drugs in bulk from Canada takes effect on Monday.

The US plan is intended to lower prices for Americans, but comes at a time when the Covid-19 pandemic has increased demand for some medicines.

Canada's ban took effect on Friday, its health ministry said, and is intended "to protect Canada's drug supply from bulk importations that could worsen drug shortages in Canada."

"Certain drugs intended for the Canadian market are prohibited from being distributed for consumption outside of Canada if that sale would cause or worsen a drug shortage," the ministry said.

With Canada a relatively small market sourcing some 68 percent of its drugs from abroad, it was important to avoid supply disruptions, it said.

Medicines tend to be cheaper in Canada than in the United States, though Canadian prices remain higher than in a number of other developed countries.

President-elect Joe Biden, who takes office on January 20, has spoken of allowing patients to import prescription drugs from other countries as part of his plans to lower prices.

The price of prescription drugs is a key political issue in the United States.

Canada announced Saturday a ban on exporting certain medicines that are or may soon be in short supply, a measure in response to a US plan to import drugs from its northern neighbor.

The plan promoted by outgoing US President Donald Trump aimed at allowing pharmacists and wholesalers to import certain prescription drugs in bulk from Canada takes effect on Monday.

The US plan is intended to lower prices for Americans, but comes at a time when the Covid-19 pandemic has increased demand for some medicines.

Canada’s ban took effect on Friday, its health ministry said, and is intended “to protect Canada’s drug supply from bulk importations that could worsen drug shortages in Canada.”

“Certain drugs intended for the Canadian market are prohibited from being distributed for consumption outside of Canada if that sale would cause or worsen a drug shortage,” the ministry said.

With Canada a relatively small market sourcing some 68 percent of its drugs from abroad, it was important to avoid supply disruptions, it said.

Medicines tend to be cheaper in Canada than in the United States, though Canadian prices remain higher than in a number of other developed countries.

President-elect Joe Biden, who takes office on January 20, has spoken of allowing patients to import prescription drugs from other countries as part of his plans to lower prices.

The price of prescription drugs is a key political issue in the United States.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Business

Calgary’s economy is growing and diversifying, and Digital Journal is going all in to help tell its story.

Life

The United States fell to 24th place, its lowest score since the report was first published in 2012.

Social Media

A space scientist was stopped at the US border on March 9, with officials combing through the contents of his work laptop and phone.

Tech & Science

Dark energy makes up roughly 70 percent of the universe, yet we know nothing about it.