Current:Home > StocksFDA approves Florida's plan to import cheaper drugs from Canada -OceanicInvest
FDA approves Florida's plan to import cheaper drugs from Canada
View
Date:2025-04-12 14:34:24
Florida is one step closer to being able to import cheaper prescription drugs from Canada.
The Food and Drug Administration says it has authorized Florida's proposed program to import selected drugs.
Under federal law, any state or tribe can submit a proposal for importation, and a few have. The law allows importation of certain prescription drugs in bulk if doing so would save Americans money without adding safety risks. The FDA also has to give its blessing.
Florida's proposal, championed by Republican Gov. Ron DeSantis, is the first to be OK'd by the agency.
The state has to clear a lot more hurdles, however, before imports could begin. Among other things, it has to specify which drugs it wants to import, verify that they meet FDA's standards and relabel them.
While the FDA authorization is a major policy change, experts also say it alone won't solve the United States' problem with high-priced drugs.
Canada's drug supply is too small, and the country has already taken steps to protect it.
The pharmaceutical industry has pushed back and is expected to sue.
"We are deeply concerned with the FDA's reckless decision to approve Florida's state importation plan," says a statement from Stephen Ubl, president and CEO of the drug industry trade group PhRMA. "Ensuring patients have access to needed medicines is critical, but the importation of unapproved medicines, whether from Canada or elsewhere in the world, poses a serious danger to public health. ... PhRMA is considering all options for preventing this policy from harming patients."
veryGood! (41)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Ranking 10 NFL teams most in jeopardy of losing key players this offseason
- Mischa Barton Reveals She Dated O.C. Costar Ben McKenzie IRL
- Michael Strahan’s Daughter Isabella Details “Horrible” First Round of Chemotherapy Amid Cancer Battle
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- 'Dune 2' review: Timothee Chalamet sci-fi epic gets it right the second time around
- LAPD releases body cam video of officer fatally shooting UCLA grad holding a plastic fork
- Chiefs K Harrison Butker 'honored' to send jersey to parade shooting victim for funeral
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Attrition vs. tradition: After heavy losses, Tampa Bay Rays hope to defy odds yet again
Ranking
- 'Most Whopper
- Tom Sandoval apologizes for comparing 'Vanderpump Rules' scandal to O.J. Simpson, George Floyd
- At trial’s start, ex-Honduran president cast as corrupt politician by US but a hero by his lawyer
- How an Alabama court ruling that frozen embryos are children could affect IVF
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Artist Michael Deas on earning the stamp of approval
- Young girl dies after 5-foot deep hole collapses in Florida beach tragedy
- You Might've Missed Meghan Markle's Dynamic New Hair Transformation
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Hilary Swank on Ordinary Angels and miracles
Charlie Woods, Tiger's son, to compete in qualifier for PGA Tour's Cognizant Classic
Man charged in mass shooting at Fourth of July parade near Chicago to stand trial next February
Where will Elmo go? HBO moves away from 'Sesame Street'
Trump hopes to reshape RNC into seamless operation with leadership changes
Ex-romantic partner of Massachusetts governor says she’s ready to serve on state’s high court
Taylor Swift's private jet tracker claps back, saying he's done 'nothing unlawful'