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GlaxoSmithKline May Stop Sales to Canada, by THERESA AGOVINO, AP Business Writer NEW YORK - Responding to the growing popularity of cheaper Canadian drugs among U.S. consumers, GlaxoSmithKline is threatening to stop supplying wholesalers and retailers in that country unless they cease their cross-border sales. Glaxo is the first major U.S. drug maker to take such action. Some Canadian companies were angered by the warning. For years, some U.S. citizens — particularly the elderly who lived near the border — have taken their prescriptions to be filled in Canada, where drug prices are kept significantly lower by government regulation. Some groups even organized regular bus trips. Pharmaceutical companies did not appear overly worried — until the activity spread nationwide through the Internet and storefronts began opening up in some U.S. cities, offering to arrange shipment of prescriptions...
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