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Modest Global Spending Predicted

Drug Sales Expected to Climb To Over $1 Trillion Next Year

By Peter Winter
Editor

Monday, November 25, 2013

A newly released report from the IMS Institute for Healthcare Informatics predicts that the total spending on medicines next year will reach the $1 trillion milestone. That is a huge number but represents just single-digit growth from the $965 billion spent in 2012.

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