Drug makers battle ad ban

Article Abstract:

Drug makers in Canada want laws that restrict consumer advertising of prescription products to be relaxed, citing the inflow of US campaigns. Direct-to-consumer (DTC) advertising of prescription drugs is banned in Canada under the Food and Drugs Act. But any Canadian can pick up a US magazine and see ads promoting the latest prescription drugs that treat impotence, depression or baldness. The main issue is the regulatory differences between Canada and the US over drug advertising in Canada. The debate over that issue is seen by some to surely intensify as the number of prescription drugs rises.

Comment:

Canada: Drug makers want laws that ban consumer advertising of prescription prods to be relaxed, citing inflow of US campaigns

Government regulation (cont), Pharmaceutical Preparation Manufacturing, Pharmaceutical Preparations, Drugs, Article

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Molson shares foam up as profit soars

Article Abstract:

Dan O'Neill, the chief executive officer of Montreal, Que.-based Molson Inc., said that the beer producer will not become embroiled in a price war with its competitors despite a loss of market share. Molson reported strong fourth quarter earnings.

Brewing industry, Breweries, Molson Inc.

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Air Canada debt means Cara loses $2. 7-million

Article Abstract:

Toronto, Ont.-based Cara Operations Ltd. will lose $15.4 million owed to it by insolvent Air Canada. Cara, which is a food service company, reported a $2.7 million loss for the fourth quarter in connection with its relationship with Air Canada.

Airlines, Food services, Air Canada, Cara Operations Ltd.

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