Canada Drug Talk

Joseph E Stiglitz

"Drug companies spend more on advertising and marketing than on research, more on research on lifestyle drugs than on life saving drugs, and almost nothing on diseases that affect developing countries only. This is not surprising. Poor people cannot afford drugs, and drug companies make investments that yield the highest returns."

Joseph E Stiglitz was chief economist of the World Bank from 1997 to 2000 and won the Nobel Prize for economics in 2001.

Source: Scrooge and Intellectual Property Rights (British Medical Journal)

David MacKay

"The bottom line in 2007 is that enrollment costs are going up substantially, drug coverage is declining and the brand name coverage in the doughnut hole is being eliminated... Medicare D is an insurance program, not a benefit. As consumption increases, so too will cost. The changes in 2007 clearly demonstrate the limitations of the program.

"Therefore, seniors are wise to re-evaluate their plans and consider online Canadian pharmacies... especially since Customs seizures are no longer an issue."

David MacKay is an international pharmacy expert and consultant.

Source: Media Release