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global medicines spending

This page shows the latest global medicines spending news and features for those working in and with pharma, biotech and healthcare.

Total COVID-19 vaccine spending to reach $157bn by 2025, says report

Total COVID-19 vaccine spending to reach $157bn by 2025, says report

Report also forecasts total global medicines spending to hit approximately $1.6 trillion in 2025. ... The report, which considers the future level of global spending on medicines, also projected that the global medicine market – excluding COVID-19

Latest news

  • Global drug spending will rise by a third to $1.5trn in 2021 Global drug spending will rise by a third to $1.5trn in 2021

    Fuelled by new medicines from industry pipelines, global drug spending will grow at a rate of between 4% and 7% in the next five years, a decline on the pace of ... Also set against that will be a reduction in overall spending as more branded biologic

  • Cancer drugs Cancer drugs "less affordable in low-income countries"

    Last week, a study by IMS Health predicted that global spending on cancer medicines will reach more than $150bn by 2020 from its 2015 level of $107bn, with the increase expected

  • Tension expected as cancer market rises to $150bn-plus Tension expected as cancer market rises to $150bn-plus

    Global spending on cancer medicines will accelerate thanks to the launch of new cancer immunotherapies, topping $150bn by 2020. ... The launch of new highly-priced medicines will be a key element in the growth of the market, but price rises for existing

  • Patent cliff losses set to cost pharma $65bn by 2019 Patent cliff losses set to cost pharma $65bn by 2019

    However, industry-wide the picture may be more positive. Research from IMS Health published last month predicted global medicines spending would grow by $305-335bn in the five years to the

  • Global medicines spend to reach $1.3trn by 2018 Global medicines spend to reach $1.3trn by 2018

    IMS report suggests end of the ‘patent cliff’. It seems pharma has finally overcome the dreaded 'patent cliff' with a new report suggesting that global medicines spend will grow by ... Global medicines spend is set to increase by 30% to $1.3trn by

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Latest Intelligence

  • Reaching new heights Reaching new heights

    Spending and distribution trends. Global spending on medicines will reach $1.4tn by 2020, an increase of $349bn from 2015, a slightly smaller increase in relative terms compared to the prior ... The US will represent 41% of global medicine spending in

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