Illinois to hire Canadian company to help import drugs

Article Abstract:

The state of Illinois is planning to hire a Canadian benefits company for helping its residents to buy cheaper drugs from Canada, Britain and Ireland defying the US import ban as tired of waiting for the Food and Drug Administration and the US Congress to provide the elderly and uninsured some relief from the unfair high drug prices. Provoked by the move, the US Food and Drug Administration threatened to take the state to court and called the Illinois scheme illegal and unsafe.

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Few obstacles seen for Glaxo-SmithKline merger

Article Abstract:

The proposed $75.8 billion merger between Glaxo Wellcome PLC and SmithKline Beecham PLC will get careful review from regulatory bodies in the U.S. and Europe. Industry analysts said that the merger between the two United Kingdom drug makers is actually a takeover by Glaxo Wellcome.

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Pricing pinches drugstores

Article Abstract:

The fall in revenue of several retail pharmacies in Canada after the new drug pricing regulations were implemented is discussed.

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