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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGlobal spending on cancer drugs surges to $100bn
Global annual spending on cancer drugs has hit $100bn for the first time as the pharmaceuticals industry prepares to launch a fresh generation of treatments that promise to push costs even higher.
The record 2014 figure marks a 10 per cent increase from a year earlier, largely because of rising drug prices and increased incidence of cancer.
The data, from the IMS Institute for Healthcare Informatics, a respected US research organisation, comes at a time of growing excitement among medics and investors over new cancer drugs heralded as the biggest step forward in oncology for decades.
Merck & Co, Bristol-Myers Squibb, Roche and AstraZeneca are among those developing so-called cancer immunotherapies that harness the bodys immune system to fight tumours.
http://www.ft.com/intl/cms/s/0/40d7c23c-f256-11e4-b914-00144feab7de.html
Hoyt
(54,770 posts)corporations making money off sickness. But I hate my loveones dying from cancer even more.
I'd rather government do the research, but we need another Congress for that.
RobertEarl
(13,685 posts)Why is there an increased incidence of cancer?
And why haven't we done anything to stop the increased incidence of cancer.
Initech
(100,079 posts)Initech
(100,079 posts)Sometimes I wonder if anti-cancer charities are really just for show.