Printer Friendly
The Free Library
14,560,496 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

The Growing Price Gap between Canada and the United States has Fueled Substantial Exports to U.S. Consumers.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c32145) has announced the addition of Pharmaceutical Pricing and Reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
 in Canada to their offering.

Canada is the world's eighth largest pharmaceutical market, with ex-manufacturer sales of $10 billion in 2004. Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  ex-manufacturer prices for brand name drugs are close to median European prices but lower than U.S. prices. The growing price gap between Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy.  has fueled substantial exports to U.S. consumers, a trade that is technically illegal in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and is opposed by the Canadian government.

After many years of static prices, manufacturers have begun to raise patented drug prices in Canada, a trend that has disturbed national, provincial, and territorial governments. The highly influential Patented Medicine Prices Review Board (PMPRB PMPRB Patented Medicine Prices Review Board ) has also criticized price increases and called for stronger cost-containment measures.

Decision Resources begin this report with an overview of the Canadian health care system and pharmaceutical market. The report then focuses on drug pricing and reimbursement procedures and provides an update on the cross-border trade situation. The Decision Resources report concludes with a brief assessment of the prospects for change in the Canadian pricing and reimbursement environment.

Key topics covered include:

--Organization and Funding of the Canadian Health Care System

--The Canadian Pharmaceutical Market

--Pricing of Prescription Medicines

--Reimbursement

--Cross-Border Trade of Prescription Drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  to the United States

--Outlook for the Canadian Pharmaceutical Market

For more information visit http://www.researchandmarkets.com/reports/c32145

Decision Resources
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 5, 2006
Words:247
Previous Article:Take a Look at the Marketing of Historic Sites, Museums, Exhibits & Archives.
Next Article:MiCOM Labs Helps Extreme Networks Address Japanese Wireless LAN Market.



Related Articles
U.S. international transactions in 1991.
U.S. international transactions in 1992.
As economy improves, furniture trade deficit widens.
U.S. international transactions in 1994.
Evaluating international economic policy with the Federal Reserve's global model. (includes related articles)
Wood furniture trade deficit on record pace.(State of the Industry)
U.S. International Transactions in 1998.
EXPORTS, INDUSTRY IMPROVE : TRADE GAP WIDENS LESS THAN PREDICTED.(BUSINESS)(Statistical Data Included)
U.S. REPORTS MINOR TRADE GAINS : GAP NARROWS WITH JAPAN, WEST EUROPE BUT GROWS WITH CHINA, CANADA.(BUSINESS)(Statistical Data Included)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles