The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

This Afternoon

Hi58° Scattered Showers

Tonight

Lo45° Scattered Showers

Sunday

Hi59° Slight Chc Rain

Sunday Night

Lo40° Partly Cloudy

Monday

Hi55° Mostly Sunny

Monday Night

Lo43° Chance Showers

Tuesday

Hi52° Chance Showers

Tuesday Night

Lo45° Slight Chc Showers

Wednesday

Hi61° Mostly Sunny

Wednesday Night

Lo49° Mostly Cloudy

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