Report: US spending on cancer drugs doubles in five years

24 May 2018

The IQIVA Institute for Human Data Science has published its annual global oncology trend report, painting a field flooded with investment and highly-priced therapies.

Among the findings in the report is that spending on cancer therapies in the USA doubled in the years 2012 to 2017, reaching almost $50 billion by last year.

It is clear that there are returns to be made on investment in the field – every cancer drug that made its market debut in 2017 carried a list price exceeding $100,000.

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