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and Douglas Giuffre

November 15, 2004

Drug Reimportation and R&D Spending: The Economic Impact on the Illinois Economy


Consumer groups and the media are putting pressure on public officials to allow U.S. citizens to reimport drugs from foreign countries like Canada. Using an economic simulation model, this report concludes reimportation or price controls would have a dramatic negative impact on the Illinois economy, and its large biotech sector.

 

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