Canadian and US Flags Congressactually granted HHS the power to bring in medication from outsidethe country back in 2003, but HHS has never bought into thenotion—although several states have. (Image:Shutterstock)

Although it could take years for it to become a reality, AlexAzar, Health and Human Services secretary, has announced a planthat would allow importation of certain drugs from Canada to theU.S.—if the proposal survives regulatory review, thatis.

Stat News reports that many Republicans, as well as thepharmaceutical industry, are likely to put up stiff opposition tothe proposal, which would really rely on the states for execution.Wholesalers and pharmacies would also be allowed to put forth theirpotential plans to bring in medications. Any plan proposals wouldhave to outline safety measures as well as gain federal approvalbefore being put into action.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.