TITLE

Rx drug trend hits seven-year low

PUB. DATE
August 2006
SOURCE
Pharmaceutical Representative;Aug2006, Vol. 36 Issue 8, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decline of the annual growth rate in prescription drug spending in the U.S. in 2005, according to data released by New Jersey-based Medco Health Solutions Inc. The rate is considered the lowest drug trend since 1999. The decline was caused by the deceleration of the drug utilization total growth, the decrease in high-use drug categories and the acceptance of lower-cost generic medicines.
ACCESSION #
21816732

 

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