Business Services Industry

GlaxoSmithKline Takes Stance against Cross-Border Drug Sales.

Knight Ridder/Tribune Business News, January, 2003

By Greg Groeller, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News

Jan. 14--GlaxoSmithKline PLC, one of the world's largest pharmaceutical makers, is threatening to cut off Canadian pharmacies and distributors that export inexpensive drugs to the United States.

The British drug company gave dozens of Canadian firms until Jan. 21 to stop selling drugs across the Canadian border or risk losing Glaxo's business. The move is the first by a major drug company to control a practice that the industry says is illegal and endangers consumers, but which consumer advocates say helps America's elderly and uninsured to afford life-saving drugs.

In recent years, millions of Americans have begun buying Canadian drugs from U.S. Internet...

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