As reported in the Boston Globe on 05/04/2004: "Tommy Thompson, President Bush's chief healthcare official, indicated he would advise the President not to oppose a bill legalizing the importation of prescription drugs. 'I believe it's coming,' Thompson stated during a news conference regarding new Medicare discount cards. 'I think Congress is going to pass it.' The House approved an importation bill last year, which failed in the Senate. This year, a bipartisan coalition of senators, including Democrat Edward M. Kennedy of Massachusetts and Republicans Trent Lott of Mississippi and John McCain of Arizona, is garnering growing support, putting additional pressure on the White House."
Market Overview
According to IMS Health's annual IMS World Review, global pharmaceutical sales—both audited and estimated—grew by 9% in 2003, reaching $491.8 billion. North America remains the most vibrant region, accounting for about half of global sales.
Opportunity
The Canadian online pharmacy sector, which was nearly nonexistent four years ago, is now estimated to be a $1 billion industry annually. The potential for growth in this sector is immense, as it currently represents less than 1% of total prescription drug sales in North America.
Why Choose Discount RX Mart?
Discount RX Mart is one of the pioneering companies in the cross-border pharmacy referral service sector. We have a substantial customer base and a strong online presence. Our expertise and knowledge equip us to continue growing our business rapidly or offer a swift entry point into the online pharmacy referral market for a major pharmacy group.
Why Act Now?
Now is the opportune moment to devise a strategy to leverage upcoming political developments. If you are an individual investor, venture capital group, or pharmacy chain, please fill out the form below.