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Archived updates for Wednesday, September 29, 2004

Generic Drugs Costlier in Canada

According to Brett Skinner of the Fraser Institute in August 2004, "Studies comparing international prices of prescription pharmaceuticals have found that Canadian prices are close to the international median price for patented drugs but higher for non-patented single-source (usually brand-name) drugs, and also higher for non-patented multiple-source (mostly generic) drugs. Furthermore, in studies comparing Canadian to American drug prices, it has been found that Canadian prices are significantly lower overall for patented drugs, but are usually higher than American prices for generic drugs. "
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