Generic Drug Cost in Canada
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Although Canada negotiates for good prices on brand name drugs, the deals they have in place for generic drugs is causing the price of health care to explode nation wide. The Canadian government pays a fix fraction of the price for generics. This causes the price of generic drugs to stay high, because the fractional price is too high. This issue is draining the governments health care budgets. … This statement will lead to a decrease in profits.
SWOT Analysis Survey
SWOT Threat: Generic Drug Cost in Canada
Although Canada negotiates for good prices on brand name drugs, the deals they have in place for generic drugs is causing the price of health care to explode nation wide. The Canadian government pays a fix fraction of the price for generics. This causes the price of generic drugs to stay high, because the fractional price is too high. This issue is draining the governments health care budgets.
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