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Forbes
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.

Medicines

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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.