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Walker T - A recent study by IMS Health Inc. reports prescription drug sales in the United States rose 1.3% in 2008 to $291 billion—compared with a 3.8% increase in 2007, about an 8% increase in 2006 and double-digit percentage sales growth in earlier decades. Patients are opting for cheaper generic versions of their prescription drugs or in severe cases, are choosing to go without necessary treatment because they simply cannot afford the medical expenses.

Today in Economics of Medicine...keeping you current

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