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Wayne Winegarden, PhD, on Downside of Importing Drugs From Canada
We sat down with Wayne Winegarden, PhD, a senior fellow in business and economics at the Pacific Research Institute (PRI) and director of PRI's Center for Medical Economics and Innovation, to discuss why the FDA’s implementation of the Safe Importation Action Plan is controversial.
Earlier this year, President Trump signed 4 executive orders designed to lower the cost of prescription drugs. One of those orders allows for insulins and other medications, such as biologics, to be imported from countries like Canada, where the same products sold in the United States are sold at lower prices. Since the signing, the FDA has officially adopted a final rule to implement the plans.
The rule, dubbed as the Safe Importation Action Plan, permits states and indigenous tribes as well as some pharmacies and wholesalers permission to submit importation program proposals to the FDA for review and authorization. Although HHS and federal officials believe the plan has real potential to lower costs, some experts see the plan as both ineffective and possibly dangerous.
We sat down with Wayne Winegarden, PhD, a senior fellow in business and economics at the Pacific Research Institute (PRI) and director of PRI's Center for Medical Economics and Innovation, to discuss why this plan is so controversial and what steps should be taken instead to help lower drug costs.
To read more on Wayne’s thoughts of this plan, click here.
To learn more about the Safe Importation Action Plan, click here.
To learn more about President Trump’s executive orders, click here.
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
Biosimilars in Action: Market Shifts, Legal Insights, and FDA Approvals
February 9th 2025In this episode of Not So Different, host Skylar Jeremias covers the latest biosimilar developments, including new FDA approvals, patent disputes, and biosimilar market trends shaping the health care landscape.
Biosimilars Policy Roundup for March 2023—Podcast Edition
April 2nd 2023On this episode of Not So Different, we discuss some of the global biosimilar policy news that came out during the month of March, including a new bill in Congress and 2 Canadian jurisdictions implementing switching policies.
Biosimilars Gastroenterology Roundup for February 2023—Podcast Edition
March 5th 2023On this episode of Not So Different, we chronicle the latest gastroenterology news from February, including several updates on adalimumab and infliximab biosimilars and industry analyses on the utilization of these drugs and patient confidence in gastroenterologists’ recommendations.
