Report: Spending on Cancer Drugs To Rise Significantly
Annual spending on cancer-fighting medications could increase by up to 15% through 2013 as more people use expensive, effective therapies over longer periods of time, according to a drug trends report from Medco Health Solutions. According to the report, oncologic drugs are on track to become the third-largest contributor to drug spending growth by 2015, up from the seventh-largest contributor last year.
- "Cancer Drug Spending To Jump Through 2013 - Report" (Krauskopf, Reuters, 5/18).
- "Cancer-Drug Spending in U.S. May Climb 42 Percent by 2013" (Peterson, Bloomberg, 5/18).
- "Drug Spending Last Year Driven by Recession Recovery: Report" (Wilde Mathews, "Health Blog," Wall Street Journal, 5/18).