States Look to Europe for Low Drug Prices
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U.S. states that have looked to Canada to help their residents win steep discounts on prescription drug prices are turning to Europe for the same deals because the Canadian government is considering shutting off the southbound flow.
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India and China, countries where the Food and Drug Administration rarely conducts quality-control inspections, have become major suppliers of low-cost drugs and drug ingredients to American consumers. Analysts say their products are becoming pervasive in the generic and over-the-counter marketplace.
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Missouri is the third state to join the new I-SaveRx prescription drug importation program, allowing residents to buy lower-cost drugs from Europe and Canada than are generally available in the United States.
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Missourians may immediately start participating in Illinois&#39; new mail-order system for buying cheaper prescription drugs from a provider in Canada, Gov.
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Consolidation in Europe's drugs  sector gathered steam on Thursday as Germany's Merck unveiled a  $13.3-billion deal to buy Europe's top biotech firm Serono, and  Denmark's Nycomed won the drugs unit of Altana.
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In the wake of the expansion of the European Union with 10 additional states, attention has been fixed on the development of the pharmaceutical industry in these and other Eastern European states.
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The state of Illinois is about to become a federal lawbreaker - and proud of it. Last week, it announced that in September it will help residents buy medicine from pre-screened pharmacies in Canada and Europe.
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European business travellers and holidaymakers can look forward to lower rates on mobile phone calls while abroad in the EU once new price caps go into effect across the bloc starting on Saturday.
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SACRAMENTO  As an alternative to importing low-cost drugs from Canada, Gov. Arnold Schwarzenegger&#39;s administration is calling for a sweeping new program to offer drug discounts to uninsured, low-income California residents.
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Only 1,200 people have signed on to Gov. Rod Blagojevich&#39;s program to help residents in Illinois, Wisconsin and Missouri import prescription drugs from Europe and Canada, but
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Chicago, IL, Aug. 17 (UPI) -- Illinois is defying the federal government with a new plan to make it safe and easy for residents to buy cheaper prescription drugs from Canada and Europe.
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Now might be a great time to load up on cutting-edge drugmakers.
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Low-income Michigan residents who don&#39;t have prescription-drug coverage can apply for a statewide discount program launched Tuesday.
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Some states are paying far higher prices than others for prescription drugs under the Medicaid program, but data that would help them get a better deal are kept confidential by the federal government, a new report says.
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ST. PAUL - Minnesota officially joined six other states Thursday in a prescription-drug-purchasing pool aimed at getting cheaper medicine for people in the Medicaid program.
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Illegal drugs may be cheaper than ever before in Europe, with prices of heroin slumping 45 percent and cocaine down 22 percent over five years, according to the first Europe-wide report of its kind on drug prices.
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Ten pharmaceutical companies said on Tuesday that they were joining a program to cut the prices of prescription drugs for the uninsured.