Drug Expenditure in Canada, 1985 to 2010 – Canadian Institute for Health Information – 5 May 2011

Posted on May 6, 2011. Filed under: Health Economics, Pharmacy | Tags: |

Growth in drug spending slows to lowest rate since 1996 – Canada
Patent expiries and generic pricing policies may be factors in slower growth

Download the report: Drug Expenditure in Canada, 1985 to 2010

“Although drugs remain an important cost driver in Canada’s health system, growth in spending has slowed to its lowest rate in 14 years, according to a new report released today by the Canadian Institute for Health Information (CIHI). Total drug expenditure is estimated to have reached $31.1 billion in 2010, an increase of $1.4 billion, or 4.8% since 2009. In comparison, the average annual growth rate in drug spending was nearly twice as high between 2000 and 2005, at 8.9%.”  … continues on the site

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