Share |
 
IMS Health Reports Growth in U.S. Sales of Ethical Pharmaceuticals
User Rating: / 0
PoorBest 
Written by Renial   
Wednesday, 07 April 2010
IMS Health has reported 5.1 percent growth in 2009 U.S. sales of ethical pharmaceuticals and insulins through retail and non-retail channels, reaching $300.3 billion, compared with growth of 1.8 percent in 2008.

"In 2009, demand for pharmaceuticals proved stronger than in the prior two years, yet remained at historically low levels," said IMS's Murray Aitken, senior vice president, Healthcare Insight. "While the 32 innovative products launched last year brought important new treatment options to patients in a number of disease areas, including cancer, thrombosis and atrial fibrillation, they drove only a limited increase in drug spending. Access for the first time to lower-cost generic treatment options in the areas of epilepsy, migraine, and immune system disorders had a more moderate impact on market growth than generic launches in previous years. Stronger patient demand for prescription drugs throughout 2009, both for new therapy starts and refills, underscores the resilience of pharmacotherapies in today's healthcare equation."

In its latest analysis, IMS also reported that use of generic products, including branded generics, continued to rise last year and now represent 75 percent of all dispensed prescriptions in the U.S., up from 57 percent in 2004. The total number of generic prescriptions dispensed increased 5.9 percent in 2009, while the number of branded prescriptions dispensed declined 7.6 percent.

Aitken added, "The greater availability of generic options, growing differentials in co-pays between brands and generics, and efforts by patients, insurers and employers to encourage appropriate use of lower-cost alternatives were all factors in the changing mix of medicines used in patient treatment last year."

IMS Health is a provider of market intelligence to the pharmaceutical and healthcare industries.
Comments
Search RSS
Only registered users can write comments!
A Product of IT Mahal Pvt.Ltd.

All rights reserved."

 
Please Click Here to submit the latest information about your company and we are here to share it across the Pharmaceutical Industry worldwide.

Subscriber Here






Strategy Development

Strategy Development

BlueSens Gas Sensor GmbH

BlueSens gas sensor GmbH

Matcon Limited - IBC Systems

Matcon Limited

Cognis - Nutrition and Health

Cognis GmbH - Nutrition and Health