
Regulation Issues | |
New Law Relaxes Drug Importation |
While prescription drug policy was featured prominently in the presidential race, the only action this year will be a bill from Congress that lifts restrictions on the importation of drugs approved by the Food and Drug Administration (FDA). The move represents a change in congressional policy.
The FDA would develop specific rules to oversee drug importation. The legislation would allow imports only from Australia, Canada, Israel, Japan, New Zealand, South Africa, Switzerland and countries in the European Union and European economic area. Other restrictions also would apply, for example:
Critics complain the bill doesn't get to the real issue, lack of insurance coverage. Source: Jane Cys, "Price Relief Coming? Congress Passes Drug Importation Bill," American Medical News, November 6, 2000. For more on Food & Drug Administration http://www.ncpa.org/pd/regulat/reg-6.html |
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