Drugs Cost Less in Canada Than in U.S., Study Finds
The General Accounting Office released a study yesterday showing that the prices charged by Canadian subsidiaries of American drug companies were 32 percent lower than the same companies charged American customers. The study, for the health subcommittee of the House Energy and Commerce Committee, compared 121 drugs. It found that although the prices of 23 drugs were lower in the United States, 98 were higher here, most often by 50 percent or more.