Senate Blocks Bid to Allow Drug Imports
In a triumph for the pharmaceutical industry, the Senate on Monday killed a drive to allow consumers to buy prescription drugs from abroad at a significant savings over domestic prices.
On a 49-40 vote, the Senate required the administration to certify the safety and effectiveness of imported drugs before they can be imported, a requirement that officials have said they cannot meet.
"Well, once again the big drug companies have proved that they are the most powerful and best financed lobby in Washington," said Sen. David Vitter, a Louisiana Republican.
Overseas, drugs can cost two-thirds less than they do in the United States, where prices for brand-name drugs are among the highest in the world. In many industrialized countries, prices are lower because they are either controlled or partially controlled by government regulation.
Full A.P. wire service article, SF Chronicle, May 7, 2007
On a 49-40 vote, the Senate required the administration to certify the safety and effectiveness of imported drugs before they can be imported, a requirement that officials have said they cannot meet.
"Well, once again the big drug companies have proved that they are the most powerful and best financed lobby in Washington," said Sen. David Vitter, a Louisiana Republican.
Overseas, drugs can cost two-thirds less than they do in the United States, where prices for brand-name drugs are among the highest in the world. In many industrialized countries, prices are lower because they are either controlled or partially controlled by government regulation.
Full A.P. wire service article, SF Chronicle, May 7, 2007
posted by TLC's Place at 6:42 AM
0 Comments:
Post a Comment
<< Home