big pharma
Pfizer puts squeeze on price cutters Pfizer has said it is restricting its sales of medicines to Canada to prevent pharmacies there from selling the drugs back into the US market at cheaper prices.
Pfizer, the maker of Viagra and anti-cholesterol drug Lipitor, has written to Canadian pharmacists saying it will no longer supply wholesalers there.
Instead, Pfizer has told pharmacists they must buy direct from the company and it will not supply re-exporters.
US drug firms are angry that Canadian wholesalers and online pharmacies are re-exporting medicines back to the US to meet huge demand from elderly US citizens who prefer to pay cheaper Canadian prices. [more]
thanks to Magpie
"Canadian internet pharmacies can sell medicines at as little as 30% of the US price because Canada has price controls on drugs." Are we getting screwed? It's more than getting screwed. It's extortion. It's murder. The reality is that if you can't afford the medicine, you die. That's America. A country for the rich. The poor need not apply. |