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If pharmacies were allowed to import less costly drugs from abroad, should regulations be put into...

If pharmacies were allowed to import less costly drugs from abroad, should regulations be put into effect to pass on some/ all cost savings to consumers? If so, what should they be?

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Drugs are being imported from abroad due to these reasons which are costly prescription drugs available in home country and unfair pricing of drugs. Another important reason for importation includes free trade which is beneficial in times of globalisation. So, according to me the importers should not put regulations to provide cost savings to consumers. The main argument to support this view is that we live in a pharmaceutical age where consumption of new invented drugs make surgery unneccesary and futile for fatal condition also. This is possible due to revolution taking place in medical research and biotechnology. On the other hand, these drug companies should not exploit consumers by charging exorbitant amount of money and should endeavour to secure prescribed standards by adhering certain norms and regulations.

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