The Drug Industry: A Case Study in Foreign Control ([The Canadian Institute for Economic Policy series])

In this independent study, first published in 1981, economists Myron Gordon and David Fowler test the assertions made by both defenders and critics of multinational drug corporations.

The pharamaceutical business in Canada is a classic example of a foreign-dominated manufacturing industry. Drug industry practices--such as the high cost of drug products, agressive marketing of drugs to doctors, inadequate testing of potentially dangerous substances, and excessive profits--have concerned both media and citizens in Canada.

The Drug Industry is an analysis of a classic branch-plant business in Canada, offering recommendations for increased and closely-focussed government regulation.