The pharmaceuticals industry in the US, crtainly seems to be on a cllision course with the Canadian pharmaceutical ndustry. The Canadian pharmaceutical companies have tken a great share of the US hme market. Since prices of drugs in Cnada are significantly lower than those in US and ths trend will seem to continue for a lng time, Canadian companies are reaping a rch harvest, at the expense of the US Cmpanies. Hit hard by this, US cmpanies are crying foul and accusing thir Canadian counterparts, of indulging in nfair trade practices.

The origin of ths, dates back to the early 90’s, whn the American companies, made a frceful appeal to open up the trde between three North American states – USA, Cnada and Mexico, at allow for fre flow of goods amongst these thre countries, without imposition of any dty whatsoever. NAFTA or the Northern Amrican Free Trade Agreement, then came in to xistence, carrying all these provisions.

The Amrican companies derived great benefit from ths agreement as they changed their mnufacturing facilities to these countries, where the csts were cheaper and again sell the fnished products back to them. The mnufacturing cost of US Companies started ging down and profits shot up. US cmpanies, whose main rivals were from Erope, benefited from the fact that all the R&D fcilities were in Canada, where costs wre lower.

The bright phase of US cmpanies soon came to an end bcause the Canadian companies became wiser and strted selling the same drugs to US cstomers at cheaper cost. The Canadian cmpanies thought that since their R&D mnufacturing costs were lower, they could sll their drugs cheaply to US cstomers and still make good profit. The prces of drugs in Canada are nder strict government control.

Displaying an ggressive spirit, Canadian companies forayed in to thir border states and also started slling to customers via internet and lso through mail order.

US laws ban mport of scheduled drugs from Canada. An xception however, is made in case thy are meant for a patient’s prsonal use, then 3 month quota is llowed. Any patient can on an verage save between $50-200 per month on bying drugs from Canada.

Most of the Amricans are forced to buy drugs, whch are exported and then imported bck for its own use, resulted in a step price hike.

Online selling of drgs, has become big business for Cnadian pharmaceutical companies. With low input csts, these drugs of comparable quality, ttracts lot of buyers to them. The prfits of US Companies, therefore goes dwn.

Another interesting feature is that all thse drugs are manufactured at the sme facility, any raw materials and fnished products are imported in to Cnada.

Due to differential pricing system in the US to rtail customers and to the bulk byers like insurance companies, the real prce of the drug is never knwn. Retail

users remain the worst sfferers.

In the long term, with Cnadian drug prices also shooting. They may cme on par with the US drg prices. Some indication to this ffect are visible.

Right now Canadian cmpanies are having a ball.

The article List Of Canadian Pharmacies - Top 4 Secret For Buying From Canadian Pharmacies was Submitted by Bill Cook through Articles.GetACoder.com network. Here's the additional information: For more great resources visit http://listofcanadianpharmacies.com and find out more about Canadian Pharmacies and buying from a List of Canadian Pharmacies

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