logo

Online Pharmacies, Legal Or Not?
By: Alex   Thursday, April 16, 2009 11:13 PM

Vote for next session
The next market session will close:

We are all aware of the whole fuzz about the illegality of selling and buying prescription meds online. At this moment I don’t think that anybody certainly point to either one direction..

Let’s try to argue against the illegality version:

  • First of all the FDA implies that online pharmacies are illegal, and their affirmation is based on:’ Federal law requires that "A prescription for a controlled substance to be effective must be issued for a legitimate medical purpose by an individual practitioner acting in the usual course of his professional practice" (21 CFR 1306.04(a)).” That fact is, that most meds are not “controlled substances” and that makes them legal for internet sale.
  • On the Internet are only less than 10 US prescriptions distributors. If the Federal Government would have a legal case why aren’t they shut down?
  • Why some states had to come up with their own legislation to ban and enforce the sell of internet prescription drugs to their citizens if a federal low exists? Here is a list of states where internet meds are not allowed: http://www.ordermeds.us/medsshipmentrestrictions.html
  • To comply with the federal low all this distributors eliminated the sales of “control substances” like: Ambien, Sonata, Phentermine….and continued their business.

 

Considering all of the above, unless I am missing something really important I consider that ordering meds online from US pharmacies is totally legal. If this activity wouldn’t be complying with the law closing it down should be a matter of days not weeks!

On the other hand there are hundreds of Overseas, Mexican and Canadian pharmacies of witch legality I’ll try to discuss later.

How do you know witch pharmacy bases its activity on USA? Check to see if they distribute control substances and if they ship in the restricted states mentioned above. They might specifically let you know what meds are distributed from US pharmacies.


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by Alex



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia