Tag: Xarelto

Foreign laboratories and factories dominate American drug market, while FDA flounders

~ Fred Donaldson ~ 1 Comment

If you thought the American people were the customers of the U.S. Food and Drug Administration (FDA), you were wrong Human Drugs regulatory activities account for 33 percent of FDA’s budget; 65 percent of these activities are paid for by industry user fees, boasts the FDA website. No surprise: the 15,000 employees of the FDA … Continue reading Foreign laboratories and factories dominate American drug market, while FDA flounders

We use medicines made in China, marketed in U.S. If you import same drugs: $100k fine + year in jail!

~ Fred Donaldson ~ 1 Comment

A popular blood thinner now costs U.S. Medicare patients and insurers more than $5,000 a year. This drug, which has amassed sales of more than $10 billion, uses Rivaroxaban as the main ingredient - a compound available from 26 manufacturers in China. When you check prices for Rivaroxaban for sale in the U.S., the cost … Continue reading We use medicines made in China, marketed in U.S. If you import same drugs: $100k fine + year in jail!