Profits - Sole Reason For Blocking Cheap Drugs

Profits - Sole Reason For Blocking Cheap Drugs (Source: Scoop New Zealand)

From the article:

The biggest argument put forth by Bush and the industry against importation is safety. But in reality, the safety concern is patently bogus, mainly because the imported drugs are nearly all from the same manufacturers who already provide drugs to US suppliers.

According to (Doctor Peter) Rost, half of the large drug companies, including Roche, Glaxo, Novartis, Astra-Zeneca, and Sanofi-Aventis, are currently foreign corporations anyways. He maintains that our government allows these foreign drug makers to charge more in this country than their own governments allow them to charge, and this is the reason why they fight against reimportation.

"So what do these foreign companies do?" he said, "They take out big ads in American newspapers, and tell us that reimportation is not safe," he told the committee, "while they know full well that it's been done safely and cost-effectively in their own home markets, in Europe, for over twenty years."