Senator Debbie Stabenow is co-author of a bill currently being considered by the U.S. Senate. The bill would make it legal for pharmacies here in the U.S. to re-import lower-cost prescription drugs. Stabenow says it would save millions of American a significant amount of money, and make it more affordable to buy medication.
Stabenow says the Food and Drug Administration would set strict guidelines for re-importation, ensuring both safety and lower prices. She says prescription drugs in countries such as Canada are lower, because they negotiate lower prices by buying in bulk. The bill would first allow re-importation from Canada, and then later, countries such as Australia and Japan.
Stabenow says there could be a vote on the bill as soon as June or July. If passed, it would take three years to fully implement.
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