Presentation1.pptx
- 1. M G T 4 2 0 6 I N T E R N AT I O N A L P R O J E C T M A N A G E M E N T T E R M P R O J E C T Submitted by Team Alpha
- 2. Introduction-Addressing Drug Shortages in Canada during COVID-19 Pandemic The COVID-19 pandemic has created an unprecedented challenge in the healthcare industry, In Canada, the shortage of drugs is a significant concern for healthcare professionals and patients. To address the shortage, the Canadian government is planning to import medicines from six countries, including the United States, Europe, Australia, Japan, Switzerland, and New Zealand. The importation of drugs can improve the availability of medicines in countries facing shortages. However, it can also pose potential risks associated with counterfeit drugs, substandard drugs, and drugs that do not meet regulatory requirements.
- 3. Literature review on Drug Importation •"The Impact of Drug Importation on Domestic Pharmaceutical Markets: A Review of the Literature" by A. Mark Fendrick and Aaron S. Kesselheim •"Drug Shortages in Canada: A Literature Review" by Marina Y. Zablocki, Shannon Sibbald, and Gordon Guyatt •"The Safety and Effectiveness of Imported Drugs: A Literature Review" by Daniel R. Kuritzkes and Michael F. Murphy •"Drug Importation and Counterfeit Drugs: A Systematic Literature Review" by Oluwaseun Ajiboye and Charles D. Ponte •"Importation of Prescription Drugs: A Systematic Literature Review" by Kevin Schulman and Dana Goldman.
- 4. Recommendations Assess the potential benefits and challenges carefully. Ensure the quality and safety of imported medicines. Strengthen regulatory compliance. Protect intellectual property rights. Support the domestic pharmaceutical industry. Monitor the impact of importing medicines.
- 5. Conclusion This study examined the advantages and difficulties of importing medicines to Canada. Importing medicines to Canada has both advantages and challenges. Benefit: cheaper medicines, improved access to medicines, increased supply and cost savings for the healthcare system Challenges: quality control, regulatory compliance, intellectual property issues, and disruption to the domestic pharmaceutical industry. It is suggested that the potential advantages of importing pharmaceuticals into Canada are substantial, but it is critical to weigh those advantages against potential drawbacks and dangers by heeding the advice given above.