Here are four takeaways from the report.
1. Global spending on oncology therapeutics and supportive care drugs reached $113 billion in 2016, up $6 billion from the year prior.
2. Over the past five years, the total global cost of cancer medicines increased at a constant annual growth rate of nearly 9 percent, according to the report.
3. Overall, the United States accounts for nearly half of the total global oncology costs.
4. The report projects total global spending for oncologics and supportive care will exceed $147 billion by 2021.
Access the full report here.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
