Cancer Drugs Reach All-Time High: The $100 Billion Disease that Depends on No Cure
The 2014 sales figures for cancer drugs were just published by the IMS Institute for Healthcare Informatics. Sales of cancer drugs have hit a new all-time record: $100 billion. That's up more than 10 percent from 2013, and up from $75 billion five years earlier. Cancer is obviously big business, as many new cancer drugs and now even cancer vaccines are in the pipe line. Forty-five new drugs for cancer hit the market between 2010 and 2014, including 10 last year alone. These new drugs come with steep price tags, usually over $12,000.00 per month, or well over $100,000.00 per year. Cancer is much too big of a business now to allow anyone to cure it.