This is a move against Canadian pharmacies (primarily) which offer high quality drugs for sale at much lower prices than what is found in the USA.
Some hospitals which serve struggling areas have long qualified for the program which forces drug makers to sell their products at steep discounts. This was supposed to reward the hospitals for providing needed services. Since the patients, and their insurance companies are charged full price, this program, the 340B drug subsidy program, is a sweet deal for the hospitals.
There have long been efforts to pull the supplement industry more under the control of the FDA. (And in all likelihood crush it.)
Is blocked by our crony capitalist medical system.
If one has a prognosis of death I say let that person take whatever, and try whatever they want.
3D printing is revolutionizing manufacturing already. From food to guns, the old business models are being undermined. Information is spilling out all over the place, information one can now hold in one’s hands.
It is interesting to me how wedded some people are to the idea that Obamacare is not a crony capitalist disaster. I understand why. It is the president’s signature piece of legislation. It has long been the dream of many in this country to implement nationalized healthcare. To acknowledge that what at first appeared to be an important political victory is likely anything but, is a hard pill to swallow.
If Obamacare fails it also means that Obama fails historically, and that is also very difficult.
The pharmaceutical lobby is the most influential in Washington DC according to a recent survey by APCO Worldwide.
Compounded drugs are created specifically for patients. They are tailored by pharmacists. It’s quite a large market and many patients rely heavily on compounding to avoid ingredients which they are allergic to, etc. Big pharma sees the compounding market as an opportunity and would like it for itself. As such the industry has gone to the Senate.