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The main difference is that patented drug prices in Canada average between 35% and 45% lower than in the United States, though generic prices are higher. The price differential for brand-name drugs between the two countries has led Americans to purchase upward of $1 billion US in drugs per year from Canadian pharmacies.
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Within the year of 2014, the cost of prescriptions had increased by at least 11.4% and 58% within the last eight years. The average cost for a month supply of brand-name drugs can run up to a couple of hundred US dollars, whereas in Canada and Great Britain the same medication could cost up to $40 US dollars.
On Thursday, HHS officials made initial offers to the makers of these 10 drugs, kicking off months of negotiations with drug companies. New prices for the 10 drugs will be made public by Sept. 1 ...
While street prices of cocaine in Canada are higher than they are in South American and East Asian countries, in the four-year period of 1997 to 2001 the street price of the drug fell by almost thirteen US dollars a gram, from $94.3/gram to $81.6/gram.
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