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To: MissAmericanPie
I think you and Maui_Hawaii have something. I buy high BP drugs and Diabetes supplies both here for 3 months a year and overseas for 9 months. My overseas costs are pennies to the dollar of American prices. What is noticably different are:

1. Law suit damages are limited to actual damages.

2. Advertizing is zilch.

3. The regulatory environment is very low (everything except narcotic drugs are sold over the counter -- only requiremnet is that a pharmicist (sp?) supervise the store)

4. There is virtually no insurance coverage for drugs.

69 posted on 01/22/2004 8:32:13 PM PST by JimSEA
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To: JimSEA
Any time the average Joe has to compete with the Fed to buy something, he's gonna lose big time. When the Fed will pay ten times more than you can afford, the Fed wins.

Same with rising hospital costs, insurance, anything your in competition with the Fed to purchase. Now it's land, if you sell to the Fed for their price you get 50% off your capital gains tax. So they will end up buying all the choice land.
71 posted on 01/22/2004 8:37:06 PM PST by MissAmericanPie
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To: JimSEA; PA Engineer
Do you think they can limit liability overseas (as well as approval costs) because we spend so much time and money on it here?

I am sure the FDA needs work, but in ways aren't they a nessesary evil?

Seriously. Who would want an untested drug from China that could make you go blind?

These other countries might simply say 'if its good enough for the American market we don't need to have a redundant process here'

Could that have an effect?

72 posted on 01/22/2004 8:37:27 PM PST by maui_hawaii
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