Problem

Restrictive practices in trade in pharmaceutical products

Other Names:
Restrictive drugs trade
Incidence:

(2020 data)  The stomach-acid drug Nexium, is manufactured in Sweden.  One 40mg pill costs $7.78 in the USA compared to $3.37 in Canada. The price drops even more to $2.21 in the U.K., Australia and New Zealand. In India and Turkey, the same pill costs less than 37 cents. The antipsychotic drug Abilify is manufactured in Japan.  The cost in the USA is $34.51 per pill. The same pill costs $4.65 in Canada - 87-percent less than in the U.S.

Fear of political and legal reprisals from the USA pharmaceutical industry has prevented the WHO from giving international approval to a new abortion pill, so inhibiting its world-wide marketing for family planning purposes.

Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and ProductionGOAL 17: Partnerships to achieve the Goal
Problem Type:
E: Emanations of other problems
Date of last update
31.01.2020 – 08:51 CET