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Montreal:
Canada introduced Saturday a ban on exporting sure medicines which are or might quickly be briefly provide, a measure in response to a US plan to import medicine from its northern neighbor.
The plan promoted by outgoing US President Donald Trump aimed toward permitting pharmacists and wholesalers to import sure pharmaceuticals in bulk from Canada takes impact on Monday.
The US plan is meant to decrease costs for Americans, however comes at a time when the Covid-19 pandemic has elevated demand for some medicines.
Canada’s ban took impact on Friday, its well being ministry mentioned, and is meant “to protect Canada’s drug supply from bulk importations that could worsen drug shortages in Canada.”
“Certain drugs intended for the Canadian market are prohibited from being distributed for consumption outside of Canada if that sale would cause or worsen a drug shortage,” the ministry mentioned.
With Canada a comparatively small market sourcing some 68 % of its medicine from overseas, it was essential to keep away from provide disruptions, it mentioned.
Medicines are typically cheaper in Canada than within the United States, although Canadian costs stay greater than in a lot of different developed international locations.
President-elect Joe Biden, who takes workplace on January 20, has spoken of permitting sufferers to import pharmaceuticals from different international locations as a part of his plans to decrease costs.
The value of pharmaceuticals is a key political problem within the United States.
(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
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