1. World problems
  2. Restrictive practices in trade in pharmaceutical products

Restrictive practices in trade in pharmaceutical products

  • 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.

Broader

Narrower

Aggravates

Aggravated by

Reduces

Related

Strategy

Value

Restriction
Yet to rate
Nonrestrictive
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
  • Commerce » Trade
  • Health care » Pharmacy
  • Industry » Products
  • Societal problems » Restrictions
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    J1653
    DOCID
    12016530
    D7NID
    150863
    Last update
    Oct 17, 2021