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Canada blocks bulk exports of some prescription drugs in response to Trump import plan
Source: Reuters
HEALTHCARE & PHARMA
NOVEMBER 28, 2020 1:49 PM UPDATED 5 HOURS AGO
Canada blocks bulk exports of some prescription drugs in response to Trump import plan
By Steve Scherer
2 MIN READ
OTTAWA (Reuters) - Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump’s efforts to allow imports from Canada to lower some drug prices for Americans.
“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,” Health Minister Patty Hajdu said in a statement.
“Companies will now also be required to provide information to assess existing or potential shortages, when requested, and within 24 hours if there is a serious or imminent health risk,” the statement said.
The Canadian measure went into effect on Friday, just days before a U.S. “Importation Prescription Drugs” rule that would eventually allow licensed U.S. pharmacists or wholesalers to import in bulk certain prescription drugs intended for the Canadian market.
-snip-
NOVEMBER 28, 2020 1:49 PM UPDATED 5 HOURS AGO
Canada blocks bulk exports of some prescription drugs in response to Trump import plan
By Steve Scherer
2 MIN READ
OTTAWA (Reuters) - Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump’s efforts to allow imports from Canada to lower some drug prices for Americans.
“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,” Health Minister Patty Hajdu said in a statement.
“Companies will now also be required to provide information to assess existing or potential shortages, when requested, and within 24 hours if there is a serious or imminent health risk,” the statement said.
The Canadian measure went into effect on Friday, just days before a U.S. “Importation Prescription Drugs” rule that would eventually allow licensed U.S. pharmacists or wholesalers to import in bulk certain prescription drugs intended for the Canadian market.
-snip-
Read more: https://www.reuters.com/article/usa-healthcare-canada/canada-blocks-bulk-exports-of-some-prescription-drugs-in-response-to-trump-import-plan-idUSKBN2880RJ
