How Much?! Global Prescription Drug Sales Forecast to Reach $987B by 2020
Tuesday, June 16, 2015
Source: The Wall Street Journal
After a few up and down years, global prescription drug sales appear poised to take off and grow 4.8% annually over the next five years, reaching $987 billion by 2020. And the reason for the hefty growth is largely attributed to a crop of new medicines for hard-to-treat illnesses such as cancer and fewer patents expiring on big-selling drugs, according to a new forecast from Evaluate Pharma.