Pharmaceutical R&D and the Evolving Market for Prescription Drugs

Posted At : November 2, 2009 10:09 AM
Related Categories: Statistics,Health/Medical,Prices/Inflation

http://www.cbo.gov/ftpdocs/106xx/doc10681/10-26-DrugR&D.pdf

Reports that spending on prescription drugs is the fastest growing category of total spending on health care in the U.S. Between 1994 and 2004 inflation-adjusted spending on prescription drugs rose at an average annual rate of 11.1%. From the Congressional Budget Office.

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