Here in Canada drug companies have been given 25 year patents on drugs
developed in Canada. No generic drugs for 25 years. Believe me they make
more than their money back.

While you may complain about you hospitals not treating you if you don't
have money. Try living with some of the waiting lines and shortages of
doctors we have. I have to travel to Halifax from Sydney every month (5
hours one way) to see a specialist because there is no one available here
and most times the appointment lasts 15 minutes.

Gary
----- Original Message -----
From: "John Clogg" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, April 22, 2004 3:28 PM
Subject: [HP3000-L] OT: The global economy


> Mark Wonsil writes:
>
> >If drug companies could sell in Canada in a free market as all of the
> >previous examples then I might agree but there are price controls in
Canada.
>
> OK, I understand that drug companies have huge research and development
costs, as well as product liability costs, which they have limited time to
recover, due to expiring patents.  Still this discussion leaves me with one
question:  Why would a drug company market its drug in a price-controlled
market, such as Canada, if those sales were not profitable?  If we assume
that they do make a profit in Canada, then I have to wonder why drugs are so
much more expensive in the USA.  Are the American consumers subsidizing the
other markets' consumers, or are the drug companies simply gouging
Americans?
>
> John Clogg
>
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