A
compendium of revealing stats and the key leading economic indicators and
business metrics based on today's Wall Street Journal article and
reports:
Democrats'
Rx? Generics: Generics accounted for 56% of all prescriptions
dispensed in 2005, according to IMS Health data, but less than 13.1% of
every dollar spent on prescription drugs. Generics cost, on average, 30%
to 80% less than their brand counterparts. Generic pharmaceutical products
are used to fill more than one billion prescriptions every year. U.S.
brand pharmaceutical sales for 2005: $229.5 billion. U.S. generic
pharmaceutical sales: $22.3 billion, according to IMS Health (via
Generic Pharmaceutical Association - GPhA)
Continue reading... "WSJ By The Numbers - Top 10 for Nov.21" »