Nonsense. Canada imposes price controls on drugs. You want price controls on drugs here also. Price controls always lead to shortages. In the long run, imposing price controls on drugs will lead to a shortage of new miracle drugs.
You misunderstand the opposition of the pharmaceutical industry (and also conservatives) to importing of Canadian drugs. Canada would have stopped the practice because US importation would have led to drug shortages in Canada. Canadian officials threatened to stop importation. However, after importation was stopped, the rats and rinos would have demanded price controls. The rats wanted price controls in the Medicare prescription bill passed in 2004. The real fear of the the pharmaceutical industry (and conservatives) is price controls.
The US administration should bring a case in the WTC against every country imposing price controls on drugs. It is ridiculous that the rest of the world imposes price controls at the threat of stealth of intellectual property.
“US importation would have led to drug shortages in Canada. Canadian officials threatened to stop importation.”
You can’t possibly be that gullible.
US Pharmies put a stop to it through lobbying politicians on both sides. The Phamies want their price fixing one way or another. They won’t stand for US seniors getting their much needed drugs at a 30% - 70% “discount” through free trade.
“Canada would have stopped the practice because US importation would have led to drug shortages in Canada.”
There are “x” amount of drugs produces for a market....say North America. If US seniors purchase their drugs from Canada....then for every pill bought down over the border there is one less pill sold in the US and remains sitting on the shelf here. You assertion is simply ridiculous and not based on “free market” at all.