Friday, March 7, 2014

Popularity gives rise to Medication by five percent a year

t has been notices that the total spending going on medications has been moribund from several years, but this trend will get a opposite setback this year by five percent according to certain research. the University of Illinois at Chicago's Center has formulated a team for Pharmacoeconomic and Pharmacoepidemiology based study. The said report further talks about current changes in the cost of drug that check various factors that are influencing future projects and expenditures in drug this year. As per a study published in March edition of American Journal on Health-System Pharmacy Lead author Glen Schumock, professor and head of pharmacy systems, outcomes and policy at the UIC College of Pharmacy says "While prescription drugs are considered to be increasingly expensive, the overall rate of increase in drug expenditures has generally declined over the past 15 years,". "This year a company announced that its new hepatitis C therapy will cost $1,000 per day, or $84,000 for a typical course of therapy,"

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