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Drug companies and big chain pharmacies don’t want the competition of lower drug prices offered by international onlinepharmacies because it means lower profits. They want the FDA to shut down those sites, but, it seems, under current law, the international onlinepharmacies used to facilitate importation are not illegal.
Mark Cuban’s new onlinepharmacy venture – the Mark Cuban Cost Plus Drug Company (“Cost Plus Drug”) – will not help overcome the biggest obstacle to drug affordability in America, which is drug company monopolies on patented brand name prescription drugs. That’s even cheaper than foreign onlinepharmacy prices , including in India. .
It’s important because this case was wrongly used as a pretext to oppose safe personal drug importation and international onlinepharmacies, which help Americans afford prescription drugs. Kris Thorkelson never pled guilty to selling counterfeit drugs. supply chain.
NeedyMeds , a non-profit organization known for providing patients with help in finding pharmaceutical company-sponsored prescription assistance programs and other drug savings options, hosted a webinar about drug importation last year called “ Drug Importation: The topic everyone’s talking about.” Here’s one example and you can be the judge.
This epic counterfeit drug debacle had nothing to do with the personal importation of less expensive prescription drugs or foreign onlinepharmacies. pharmacies and wholesalers allegedly flouting the rules. The pharmaceutical industry is known for viciously defending its commercial interests. Fake DSCSA Pedigrees.
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