Aurobindo, Cadila May Be Losers From Surging Canada-to-U.S. Drug Trade — Panjiva
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Aurobindo, Cadila May Be Losers From Surging Canada-to-U.S. Drug Trade

Canada 491 Health Care 353 India 512 U.S. 5317

The U.S. government will implement new policies to provide a “safe linkage between drug supply chains” between Canada and the U.S. That’s designed to cut the costs of pharmaceuticals in the U.S. Legitimate imports of Canada were worth $4.3 billion in the 12 months to May 31 after a 30.0% surge in imports compared to the prior 12 month period, Panjiva data shows. That’s still only 5.5% of the total, which in turn increased 8.8% in the past 12 months. The fastest growing drug import classes were cardiovascular treatments which grew 42.9% year over year in the three months to May 31 and ant...

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