Significant slowdown in rate of drug spending growth in the USA in 2016: report

4 May 2017
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Spending on pharmaceutical products in the USA saw growth during 2016, but at a much slower rate than in the previous two years, according to new research.

Growth in US spending on prescription medicines fell in 2016 as competition intensified among manufacturers, and payers ramped up efforts to limit price increases, states research released today by the QuintilesIMS Institute.

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