Colorado has taken another step toward importing lower-cost prescription drugs from Canada, after signing contracts with companies on both sides of the border that will handle the transaction.
The state hopes that bringing in regular, everyday prescription drugs from Canada, where they are sold at a lower price than in the United States, will help lower drug costs for people here. On Thursday, the state announced that it has signed deals with three companies: AdiraMedica, a wholesaler with a subsidiary in Canada that will act as the exporter; Premier Pharmaceuticals, an Idaho-based wholesaler that will act as the importer and distributor; and Rocky Mountain Poison and Drug Safety, which will run a program to collect reports on the drugs’ safety.
“We have hit a major milestone on…
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