Canadian ambassador says drug imports would not lower U.S. prices

Reuters

2 November 2019 - Canada does not have a large enough supply of prescription drugs to meet U.S. demand, and importing medicines from Canada would not significantly lower U.S. prices, Ottawa’s acting ambassador told U.S. officials in recent meetings, according to a statement published on Friday.

Kirsten Hillman, Canada’s acting ambassador to the United States, said her country is “sympathetic to U.S. concerns regarding affordable prescription drugs.”

“Not only are we too small of a market, Canada cannot increase its domestic pharmaceutical drug supply to meet U.S. demand,” the statement said. “Canada remains dedicated to working with the U.S. to improve our citizens’ health and well-being, recognising that Canada’s priority is to ensure a steady and solid supply of medications at affordable prices for Canadians.”

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Michael Wonder

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Michael Wonder

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Medicine , US , Pricing , Canada , Importation