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Image header Agence Europe
Europe Daily Bulletin No. 8976
Contents Publication in full By article 28 / 30
GENERAL NEWS / (eu) eu/medicine

Spending on pharmaceuticals increases by 32% in OECD countries between 1998-2003

Brussels, 23/06/2005 (Agence Europe) - Throughout OECD countries, spending on pharmaceuticals increased by an average of 32% in real terms since 1998, to reach a sum of more than USD 450bn in 2003, according to data provided by the OECD. Spending represents an increasing part of health spending in many OECD countries. In the majority of them, over the last five years, their increase has been more pronounced than that for total spending on health. Between 1998-2003 spending on pharmaceuticals...

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