The Cancer Letter

Inside information on cancer research and drug development

Report: Global Cancer Spending Reaches $100 Billion Mark

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Global spending on oncology drugs in 2014 reached $100 billion, up 10.3 percent over 2013 and up from $75 billion in 2010, according to the 2015 Global Oncology Trend Report, published by the IMS Institute for Healthcare Informatics. The annual compound growth rate increased to 6.5 percent over the past five years.

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