FDA greenlights Colorado plan to import prescription drugs from Canada to lower prices

FDA announced Monday that Colorado will be allowed to import certain prescription medicines from Canada, making it the second state to receive such authorization after Florida.

The move is intended to reduce drug costs for Colorado residents, building on a 2020 regulation that let states and tribes propose import plans, a policy first endorsed during the Trump administration.

While the approval does not yet specify which drugs will be imported or the timeline for implementation, officials hope the program will provide cheaper alternatives to high-priced U.S. drugs.

The decision reflects ongoing efforts to address rising prescription drug prices, though details on safety oversight and supply chain logistics remain to be worked out.