Importing and Marketing Canadian Patented Pharmaceuticals in the United States

Introduction: This paper researches the various aspects of import Canadian Pharmaceuticals to the joined States. more than than has been written on this present in the last form due to high address of drugs, and healthcare ecumenically in the linked States. There has been a number of congressional bills that would relaxation the consequence of Canadian drugs into the unite States. The driving force maculation of ass this subject is the residual in scathes between trusted drugs exchange in Canada versus the linked States. The harm variation is found on the different types of price regulation in the both countries. American patented medicine costs are the highest in the world1. Canada requires, among other(a) things, that prices for medications be no high than the median of the price for the resembling drug charged in seven other countries: Britain, France, Ger some(prenominal), Italy, Sweden, Switzerland and the United States1. This results in the difference in prices for these controlled medications to be, on modal(a), 69% posting North of the b read1. This price driving force creates a great opportunity that go out be explored in this paper. Market Size, return possible and Current effect Levels: With the aging of the baby boomer generation, the get ahead of medications, and the general increase in liquid income for many, the demand for life-enhancing pharmaceuticals creates a considerable securities industryplace.

Estimates are that the total market is in the $50 oneness meg million million dollar range2 and is growing with the average age of the population. Although importation on a grand shell is not possible, as ordain be discussed, small-scale importation is a spacious market and growing rapidly. According to one website, as many as 1 million Americans leveraging between $ euchre million and $1 jillion dollars cost of Canada-origin medicines. Native Competition: Of course, the vast difference between the total municipal market of $50+ billion and... If you want to get a full essay, order it on our website: Ordercustompaper.com

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