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A breakthrough has happened for the pharmaceutical industry. A proposal to make it easier for smaller-scale pharmacies to obtain low cost loans to install health information technology was endorsed by the independent industry’s chief lobbying group in US Congress on Monday Oct. 26^th, 2009.

The bill, which has already passed the House Small Business Committee, allows state-licensed pharmacists and other health care providers to use a lending program for HIT through reduced-cost loans. The loans would be guaranteed up to 90% and borrowers could take advantage of a subsidized deferment period of up to 3 years.

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Ok, at the moment, I’m forced to leave Disneyland and shiny new cars and be serious about a matter I feel very strongly about. An article in nearly every Canadian newspaper recently headlined that a Fraser Institute study concluded (this is a “conclusion” so it has to be right...) “Canada’s Internet Pharmacy Business with the USA [is] Threatening Canadian Supplies.” Does anyone really believe this in this day and age? Let’s analyze what we are saying about commodities and manufactured items, by looking at some that we know are in short supply.

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