Forbes January 11, 2024
John LaMattina

Florida Governor Ron DeSantis made news last week when his plan to import prescription drugs from Canada was temporarily endorsed by the FDA. Importing drugs from Canada has been under discussion for years, the hope being that these drugs could be acquired at cheaper Canadian prices than those charged in the U.S. By allowing drug importation, Florida claims it could save millions of dollars in drug costs. In fact, estimates are that $150 million would be saved in the first year of implementation alone.

The FDA had been previously reluctant to approve such a plan for safety concerns. It worried that bringing drugs in from Canada opens the door for counterfeit medicines to enter the U.S. system, thereby exposing patients...

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Topics: Biotechnology, FDA, Govt Agencies, Pharma, Pharma / Biotech, States
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