NEW YORK -- Canadian Internet pharmacies are turning to Europe for supplies, as U.S. pharmaceutical companies cut back the flow of prescription drugs to Canada to stop their return to the United States at lower prices.
In the last six weeks, several drug makers have cut supplies to Canada, creating shortages for Internet pharmacies. Pfizer Inc., for example, cut off two Canadian wholesalers for supplying drugs to companies that were exporting them. Pfizer later resumed shipments to both companies after they agreed to stop the activity.
Canadameds.com will start selling drugs from England on its Web site within the next week, and Universaldrugstore.com plans to start selling medicines from Ireland within the next month.
Universaldrugstore.com has found another possible supplier in New Zealand and plans to check its safety standards before offering its medicines to clients.
Crossborderpharmacy.com is negotiating with several pharmacies in England and hopes to announce an agreement in three weeks.
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