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1 - The Canadian government does impose some price controls on what drug companies can charge to distributors. However, these price controls can often prevent newer medications from being made available. (and, interestingly enough, these price controls do not apply to generic drugs; as a result there are often many generic versions of drugs that are actually cheaper in the U.S. then in Canada).
2 - Pharma companies in Canada spend much less on liability insurance than those based in the U.S. Blame our sue-happy culture in the States for that one.
3 - A much larger percentage of research and development of new drugs takes place in American pharma companies compared to those in other countries. The higher cost of drugs in the States allows for this level of R&D.
4 - On average, the standard of living in Canada tends to be lower than for those living in the U.S., which also has an effect on the costs of various types of products, including medications.
Oh, yes, Canada is a real #ellhole, I would rather live in Detroit than Windsor any day!
that is ebcause canada controls their prices and even has laws to void prescrition rihghts laws in cases of emergency. basically the US buyer is subsidising the ir prescriptions by payig higher cost. 70% of precsription reserch is in US and much of that is paid for by our markets.Nothing different from susidising of many medical cost across the market even within the US itself.
Who said Canada is a Hellhole? Heck, Vancouver is one of the most beutiful cities I have ever visited.
I apologize if the above-discribed concept was too difficult to solicit a reasoned response, requiring a hollow attempt at sarcasm instead.
Ummm...its saracasm, guess its different in Canada? You don't get it---I used to live in Detroit, across from Windsor, difference like day and night........oh, well.........work with it, it will come!
Ummm...its saracasm, guess its different in Canada? You don't get it---I used to live in Detroit, across from Windsor, difference like day and night........oh, well.........work with it, it will come!
But you WILL receive treatment much quicker in a Detroit hospital than its counterpart in Windsor. And there are a lot of Canadians who rely on that.
But you WILL receive treatment much quicker in a Detroit hospital than its counterpart in Windsor. And there are a lot of Canadians who rely on that.
That's interesting.....I haven't been back to either place for years, so I wouldn't know I just remember Windsor being much nicer than Detroit, but, of course, Detroit is dying.....
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