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Forbes
5 Jan 2024
The Food and Drug Administration will allow Florida to import medications from Canada, following decades of attempts by states in the U.S. to purchase drugs in bulk at a cheaper price from the country, according to the New York Times.
TKTK
Florida will be allowed to purchase medicines in bulk for the state’s Medicaid program, government clinics and prisons from Canadian wholesalers, an FDA official told the Times.
$150 million. That’s how much Florida estimates the new program could save the state by purchasing medicines from Canadian pharmacies, including HIV, AIDS, diabetes, hepatitis C and psychiatric medications, among others.
This is a breaking news story and will be updated.