Tag

Drug Importation

All articles tagged with #drug importation

health2 years ago

"FDA Greenlights Florida's Plan to Import Cost-Saving Canadian Drugs"

The FDA has approved Florida's request to import prescription drugs from Canada, a first for any U.S. state, aimed at reducing medication costs for illnesses such as HIV/AIDS, mental illness, and prostate cancer. This approval is part of a broader effort to lower drug prices, a key issue for President Joe Biden and Florida Governor Ron DeSantis. While the move is expected to save Florida millions annually, it faces opposition from the pharmaceutical industry and concerns from Canada about drug shortages. Florida must still meet FDA requirements to ensure safety and cost savings before importing drugs.

health-policy2 years ago

"FDA Approves Florida's Plan to Import Cost-Effective Canadian Prescription Drugs"

The FDA has approved a plan for Florida to import prescription drugs from Canada, aiming to reduce drug prices for Americans. However, significant obstacles remain, including opposition from pharmaceutical companies and the Canadian government, which has measures in place to prevent drug shortages in Canada. Other states are considering similar importation plans, but the political and practical impact of the FDA's decision is uncertain, with doubts about whether it will lead to tangible savings for consumers or influence the upcoming presidential election. The pharmaceutical industry, while facing a potential new legal battle, is not expected to take a substantial hit from this policy.

health-and-medicine2 years ago

"FDA Grants Florida Green Light to Import Prescription Drugs from Canada"

The FDA has approved Florida's plan to import prescription drugs from Canada, which is expected to lower drug costs for consumers. This marks a significant victory for Florida Governor Ron DeSantis, who has criticized the Biden administration for delays in approval. The pharmaceutical industry has expressed concerns about the risks of counterfeit medications and is anticipated to challenge the policy legally. Other states, including Colorado, are also pursuing similar importation plans. The FDA insists that any importation program must demonstrate safety and significant cost savings for consumers.

health2 years ago

"FDA Grants Florida Green Light to Import Prescription Drugs from Canada for Cost Reduction"

The FDA has approved Florida's plan to import prescription drugs in bulk from Canada, aiming to reduce costs for residents. This policy, which aligns with efforts from the Trump and Biden administrations, requires Florida to ensure drug safety and provide quarterly reports to the FDA. The state anticipates $150 million in annual savings, but there is skepticism about the plan's effectiveness and concerns from the pharmaceutical industry about patient safety. The importation is authorized for two years with the possibility of extensions.

health2 years ago

"FDA Grants Florida Approval to Import Affordable Canadian Drugs"

The FDA has approved Florida's plan to import certain prescription drugs from Canada, a move aimed at reducing medication costs for Americans. This is the first state proposal to receive FDA approval under federal law that allows drug importation to save money and maintain safety. Florida, under Governor Ron DeSantis, must still overcome several hurdles, including specifying drugs for import and ensuring they meet FDA standards. The pharmaceutical industry, concerned about safety and supply issues, is expected to challenge the decision legally.

health2 years ago

"Florida Secures FDA Approval to Import Canadian Drugs, Aiming to Slash Prices"

The U.S. Food and Drug Administration (FDA) has authorized Florida's drug importation program, allowing the state to import certain prescription drugs from Canada under section 804 of the Federal Food, Drug, and Cosmetic Act. This program aims to reduce drug costs for American consumers without compromising safety or effectiveness. Florida's Agency for Health Care Administration must meet specific requirements, including drug testing, relabeling, and quarterly reporting to the FDA. The authorization is valid for two years from the first shipment, and the FDA will oversee the program to ensure compliance with federal regulations.

health2 years ago

"F.D.A. Approves States' Importation of Prescription Drugs from Canada"

The FDA is set to approve Florida's plan to import prescription drugs from Canada, a move that could save the state an estimated $150 million in its first year. This decision marks a significant policy shift in the U.S. and aims to tackle high drug prices. The pharmaceutical industry, particularly PhRMA, is expected to challenge the plan legally. While the move has broad political and public support, experts suggest it may not address the fundamental issues causing high drug prices in the U.S.