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Jupiter Research reports, despite the fears of US pharmaceutical companies, online prescription drug sales in the US by foreign pharmacies remain very small for now.
(From Chemical Business NewsBase - Press Release)
Jupiter Research, a division of Jupitermedia Corp, estimates that US consumers spent $700 M online to purchase prescription drugs from foreign online pharmacies, including Canada, in 2002. While sizeable, this amount represents less than 0.4% of the total US drug market. Among other factors, unanswered promises of drug benefits for seniors and the uninsured are likely to keep FDA enforcement to a minimum, leading to increased growth of this market mainly through online storefronts. Based on a Mar 2003 consumer survey fielded by Jupiter Research, Jupiter Research's new report "Foreign Online Pharmacies: Sizing the US …
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