Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5

Reimportation. The reimportation of prescription drugs from Canada to the United States has been an important national issue over the past years. Many Americans complain that prescription drugs are too expensive and other countries sell the same drugs for

Extracts from this essay...

Introduction

Reimportation In 1988, Congress passed the Prescription Drug Marketing Act which banned the reimportation of U.S-made prescription drugs. Reimportation is defined as a product exported from the United States and then imported back into the country (Reimportation). The reimportation of prescription drugs from Canada to the United States has been an important national issue over the past years. Many Americans complain that prescription drugs are too expensive and other countries sell the same drugs for less money. Thus, many American citizens have been ignoring the law and purchasing drugs from bordering countries such as Canada and Mexico as well as from the internet. Following the election, newly elected democratic controlled house and senate are gearing up for a renewed push to remove the reimportation ban. Ken Johnson, senior vice president of the Pharmaceutical Research and Manufacturers of America stated, "I don't think there's any question there will be renewed attempts to pass reimportation legislation in the new Congress. It's a fight that's been going on for years now. Given the new leadership and its priorities, we expect it to pop up again" (Bridges).

Middle

The high prices for prescription drugs in America are mandatory because without it, drug companies would not be able support the funds of research and development for producing new drugs. Technology would not continue and the production of new drugs would end. The Reimportation ban is necessary to regulate the safety of foreign drugs. The FDA continues to remain concerned about the importation of prescription drugs into the United States. The FDA cannot assure that the drugs imported from foreign countries are the same products approved by the FDA. Because the drugs are imported overseas the FDA cannot inspect and assure that the drugs are safe. The FDA ha found many drugs obtained from foreign sources that appear to be the same as FDA approved prescription drugs but in fact are not the same quality. The FDA has come to the conclusion that consumers are exposed to a number of risks when they purchase drugs from foreign sources or from sources that are not operated by pharmacies licensed under state pharmacy law. The drugs imported from foreign sources may be expired, subpotent, contaminated or counterfeit product, an incorrect dose, or medication unaccompanied by adequate directions for use.

Conclusion

Although in the short run eliminating the reimportation act will most likely reduce the prices of drugs currently on the market, it comes with significant risks such as quality, purity and effectiveness. Additionally, it is important not to forget that in viewing Americans welfare, it is not just the welfare of today's society, but the welfare of future generations that would be significantly disadvantaged without the investment of R&D by American pharmaceutical companies to find new cures and remedies. In summary, reimportation laws in the long run better benefit American citizens. The ban on importing goods from foreign countries contributes to recover the expensive research and development costs from drug companies. Without the ban, hundreds of drug companies would become bankrupt and thus there would be no way to produce new drugs and cures. The reimportation laws also help ensure the safety of all American citizens. Since the drugs are imported overseas the FDA cannot inspect and assure that the drugs are safe. The FDA reported that American consumers are exposed to a number of risks when purchasing prescription drugs from abroad. The drugs imported from foreign sources may be expired, subpotent, contaminated or counterfeit product, an incorrect dose, or medication unaccompanied by adequate directions for use.

The above preview is unformatted text

Found what you're looking for?

  • Start learning 29% faster today
  • Over 150,000 essays available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Over 180,000 student essays
  • Every subject and level covered
  • Thousands of essays marked by teachers

See related essaysSee related essays

Related AS and A Level Case Studies and Analysis essays

  1. Business plan. The business that I am going to produce is a personalised logo ...

    and styles of dancewear employment is crucial, so that workloads do not get on top of myself I must ensure that I have enough workers to complete the orders that my customers wish to make.

  2. PEST is a planning tool which is used by a business to evaluate and ...

    Another PEST factor that I think could affect Ginsters is Innovation potential. This is how being innovated would help Ginsters to first in the business of the savoury product market. Innovation potential is being the first to do something that no other business in their market has done before or new product ideas.

  1. Investigating Internet Marketing

    But after that the phone will arrive very quickly and the customer is connected to Orange network as soon as he/she switches the phone on. For existing customers wanting to upgrade phones or requesting other services Orange will contact and finish the process quite promptly.

  2. Unit 9: Marketing Strategy

    Geographical Group The main geographical group which I will target my promotions at will be those living in Sutton-on-Sea itself, these will be regular users and loyal customers. One other geographical group which I will target will be tourists travelling into Sutton-on-Sea and the surrounding area either for day trips or a holiday.

  1. How Evans Enterprise party and wedding planners could use IT to help manage their ...

    The computers and laptops may not be utilised to their full potential as Elizabeth has not setup any type of online booking service for example, and this would be a great addition to their services. Elizabeth as an example does not know how to use programs such as Excel to

  2. Business Studies Company Recruiting

    encouraging performance * Managing business targets to achieve objectives * Undertaking finance and business planning to maximise opportunities * Focus on client requirements to provide a range of services required. * Building business by networking and marketing * Providing leadership and personnel guidance to all sections in Oxford * Undertaking

  1. I am going to carry out an investigation into S Parton Construction Ltd. I ...

    Wolverhampton (numbers) Wolverhampton (%) West Midlands (%) Great Britain (%) All people Economically inactive 36,100 26.0 22.7 21.4 Wanting a job 8,800 6.3 5.0 5.4 Not wanting a job 27,300 19.7 17.7 16.0 Males Economically inactive 12,700 17.8 17.3 16.6 Wanting a job 3,900 5.5 4.0 4.4 Not wanting a job 8,800 12.3 13.3 12.2 Females Economically

  2. Financial Feasibility of Opening A Business

    As we know SWOT stands for Strengths, Weaknesses, Opportunities and Threats. These are 4 key areas where I can use to hopefully successfully analyse the situation for the forthcoming business. By using these fields I can see if Ballymena is the ideal place to locate my bar, being able to find out if it's worthwhile.

  • Over 180,000 essays
    written by students
  • Annotated by
    experienced teachers
  • Ideas and feedback to write
    your own great essays

Marked by a teacher

This essay has been marked by one of our great teachers. You can read the full teachers notes when you download the essay.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review on the essay page.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review under the essay preview on this page.