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Pharmaceutical Industry

Part 2: Paying Less for Prescription Drugs? Bad Idea

Yanick Labrie | Posted 06.19.2013 | Canada Business
Yanick Labrie

Paying less for drugs sounds like a good idea, right? Well, as with everything else, one needs to look at the whole picture and see what he gets in return. With regards to bulk purchasing, although there might be some savings initially, it is clear that the long-term disadvantages of such a policy outweigh its short-term benefits.

New Prescription Drugs Are Worth the Cost

Michel Kelly-Gagnon | Posted 01.29.2013 | Canada
Michel Kelly-Gagnon

We cannot deny the fact that the costs of prescription drugs have been increasing at a considerable rate over the last few decades. While total healthcare spending per capita has almost tripled during this period, per capita expenditures on prescription drugs have increased six-fold. But should this trend be a source of concern?

Can Nature Keep Medical Costs Down?

David Suzuki | Posted 11.19.2012 | Canada
David Suzuki

It's easier, more effective, and cheaper to let healthy bodies fight off disease and infections than to weaken those defence mechanisms and then compensate for them medically. If we want a stable health system, we must put more resources into reducing pollution and environmental degradation and creating a way of life that keeps bodies and minds happy and in good health.

Cheaper Drugs Soon? Massive Wave Of Patent Expirations Looms

CP | Posted 09.24.2011 | Canada Business

The cost of prescription medicines used by millions of people every day is about to plummet.

The next 14 months will bring generic versions of seven of the world's 20 bestselling drugs, including the top two: cholesterol fighter Lipitor and blood thinner Plavix.