Nearly 40 of all americans will develop cancer in their lifetime. By eric earley i wish to reinforce the statements made by barbara wright in her article cancer treatment and informed consent in the oct dec 95 issue of the medical consumers association of nsw newsletter reprinted in glw 216.
Global Cancer Spending Reaches 100b Data Mine Us News
The billion dollar industry.
Cancer treatment billion dollar industry. Selling drugs for the treatment of side effects of chemotherapy is big business for the drug companies. There are bi llions of dollars being made every year. In the past 50 years the cancer industry has emerged as a multi billion dollar giant.
World spent 107b on cancer drugs last year. If you have cancer your doctor is not allowed to prescribe any treatment other than surgery chemo or radiation. This is a fairly recent increase.
Its the billion dollar cancer treatment industry controlled by the pharmaceutical companies. The global market for cancer drugs has hit 100 billion in annual sales and could reach 147 billion by 2018 according to a new report by the ims institute for healthcare informatics a unit of. In november 94 i was diagnosed as having a.
While not many critics complain that too much money is spent on research and treatment even fewer point out how much business cancer patients bring in. Cancer is the 1 cause of childhood death in the united states. Spending on cancer medicines totaled 107 billion worldwide in 2015 and is projected to exceed 150 billion by 2020 reflecting.
And it costs on average 58000 to treat someone with cancer who had private insurance the. Oncologists are trapped in this system. Its not the doctors that are the problem.
Or they can lose their license. Over the past decade complementary and alternative medicine cam has grown into a multi billion dollar industry in the united states with the use of cam interventions becoming increasingly. Source in 2011 cancer was the 1 cause of death in the western world and 2 in developing countries.
Cancer is a multi billion dollar business. What interest does the pharmaceutical industry have to stop cancer if they have revenues of one hundred billion dollars in the us alone every year from keeping cancer ongoing. The most alarming fact that i found out about cancer is that it is a billion dollar industry a 200 billion industry a year.
Over half a million people in america died of cancer in 2012. The market for treating cancer has grown to 107 billion according to a report released thursday.
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