The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Tonight

Lo56° Clear

Saturday

Hi85° Sunny

Saturday Night

Lo58° Clear

Sunday

Hi88° Sunny

Sunday Night

Lo61° Clear

Monday

Hi87° Mostly Sunny

Monday Night

Lo59° Partly Cloudy

Tuesday

Hi84° Mostly Sunny

Tuesday Night

Lo60° Slight Chc Showers

Wednesday

Hi73° Chance Showers

Global spending on drugs may top $1 trillion next year

Send to Kindle
Print This

WASHINGTON — Global spending on pharmaceuticals is expected to surpass $1 trillion for the first time next year, propelled in large part by the rising demand for cheap generic drugs in China and other emerging markets, according to a new forecast from the IMS Institute for Healthcare Informatics.

More than two-thirds of all pharmaceutical drug spending occurs in eight countries: the U.S., Germany, France, Italy, Britain, Spain, Japan and China, the institute found.

View my optionsorSign in