National health coverage at it best.
There are pros and cons to both sides of the coins.
----- Original Message -----
From: "Gary Nolan" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, April 22, 2004 8:25 PM
Subject: Re: [HP3000-L] OT: The global economy
> 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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> >
>
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