In: Operations Management
Should U.S. Imports of Prescription Drugs from Canada Be Widened"
1. Should the United States legalize the importation of lower-cost pharmaceuticals? If so, should this apply to individual consumers, pharmacies, or other entities?
2. If the United States were to permit the importation of lower-cost pharmaceuticals from abroad, should this importation apply to all foreign countries or a limited number? if a limited number, which should they be and why?
3. If the United States were to permit the importation of lower-cost pharmaceuticals from abroad, should this apply to all pharmaceuticals or just to some? If just to some, what criteria should be used?
4. If pharmacies were allowed to import less costly drugs from abroad, should regulations be put into effect to pass on some/all cost savings to consumers? If so, what should they be?
4. If pharmacies were allowed to import less costly drugs from abroad, should regulations be put into effect to pass on some/all cost savings to consumers? If so, what should they be?
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Should the United States legalize the importation of lower cost pharmaceuticals? If so, should this apply to individual consumers, pharmacies, or other entities?
Yeah, lower-cost pharmaceuticals should be allowed by pharmacology, but a specific check should pass the import product or medication so that a lower cost pharmaceuticals would not jeopardize the health of the patient. This regulatory framework will be passed for guidance for the drug to market in the US. Originally, the government or the government agency should be given this authority to verify that all the above rules are followed and to allow pharmacies to do so later. But the lower cost of pharmaceuticals should not be permitted for individual consumers.
If the United States were to permit the importation of lower-cost pharmaceuticals from abroad, should this importation apply to all foreign countries or a limited number? if a limited number, which should they be and why?
Should the US approve imports of lower-cost drug products from overseas, they will extend to all foreign countries provided that drug products from these countries comply with the United States 'Quality Guidelines for such drug products. However, the nature of the commodity does not matter in this situation. Therefore, strict government control is important to ensure that only goods that comply with the standards are imported in the USA.
If the United States were to permit the importation of lower-cost pharmaceuticals from abroad, should this apply to all pharmaceuticals or just to some? If just to some, what criteria should be used?
From the beginning, the authorisation for import of lower-cost medicines would only apply to those pharmaceuticals that have very high prices in the US and are heavily solicited where the country can not routinely meet domestic demand. In addition, very high priced pharmaceuticals will initially be imported. Unless the import is imported in the way that only drugs meeting the standard trial are imported according to the guidelines provided by the government, so imports of other drugs can only be taken into account.
If pharmacies were allowed to import less costly drugs from abroad, should regulations be put into effect to pass on some/all cost savings to consumers? If so, what should they be?
Driven by the expense, supply, in-country and unfair pricing of medicines, medicines are imported from the abroad. Free Trade, which is advantageous in the age of globalisation, is another significant factor for import. I also conclude that the importers should not lay down laws that provide customers with cost savings.
This opinion can be reinforced partly by the fact that we live in a pharmaceutical era, where newly developed drugs often make surgery unnecessary and fatal. This is possible because of medical and biotechnological developments. These drug firms, on the other hand, should not use customers by charging exorbitant sums and should seek to safeguard prescription products through the observance of certain guidelines and regulations.
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