When it comes to grabbing a sizeable share of the US pharmacy market, the Canadian discount pharmacies have already achieved the target and are now going further. Driven by competitive prices and low investment requirements, these companies are now giving extensive competition to their US counterparts who seem to be loosing the battle on their home turf.

The problem with purchase of drugs in US is that the government is not regulating the price of drugs there. This means that most Americans have to pay more than their counterparts in G-8 countries for purchasing essential drugs. The aggressive pricing policies pursued by the American pharmacy companies have only helped increase the rates further. This has led to US buyers frantically searching for other alternatives for buying cheaper prescription drugs and they did not have to look beyond Canada.

Operating out of Canada, most of the discount pharmacies are low-investment startups that have made healthy profits in the last few years. Even though competitive discounts are offered, low labor requirements, coupled with low initial investments and little infrastructure requirements, ensure that the balance sheets always end up on the positive side. The margins are quite handsome and an ever increasing demand inside the US has encouraged many to go in for similar ventures. In fact it seems to be quite a lucrative proposition as indicated by the number of entrepreneurs it has managed to attract in the last few years.

These stores most of which operate out of the net claim to offer confidential service that one can get at their neighborhood pharmacy store without even leaving their homes. Their advertisements claim to offer nearly 5000 prescription and over-the-counter drugs for up to 70 percent less than what is available in the American markets. Wait, there