The Food and Drug Administration approved a state government program to buy Canadian pharmaceuticals if they will be cheaper than equivalents available in the U.S. Florida will still have to file requests to import specific drugs, the FDA said.(The Logic)
Talking point: The Canadian government has treated high prescription-drug prices as a problem and more demand from the south—Florida alone has a population more than half the size of Canada’s—won’t likely help. Canada has regulations forbidding drug exports if they would create shortages here, though exports don’t require pre-approval. The FDA approval is the first under a broad executive order President Joe Biden issued in July 2021 to promote competition in the U.S. economy, which told the agency to work with states on drug-importation programs. Formal work in that direction began under Donald Trump; the idea has support among both Democrats and Republicans, and multiple states are seeking the same permission.