Maine to Allow Prescription-Drug Imports – WSJ.com

The hunt for cheaper prescription drugs long has led consumers to reach beyond U.S. borders, but under a Maine law set to take effect Wednesday, their search now will have the state\’s blessing.

The law, the first of its kind, sanctions the direct purchase of mail-order drugs from some foreign pharmacies. It has ignited a court battle with the pharmaceutical industry and set the stage for a broader fight over access to less-costly medication.

\”If Maine can do this, other states will do this. It could have a big impact on pharmaceutical companies\’ long-term profits and desire to invent new medications,\” said Boston University economics professor Laurence Kotlikoff, who researches drug imports. \”On the other hand, in some areas, they [drug makers] need to be brought back in line.\”

via Maine to Allow Prescription-Drug Imports – WSJ.com.

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