Drug spending in North America rose by 11% in 2003BMJ 2004; 328 doi: https://doi.org/10.1136/bmj.328.7442.727 (Published 25 March 2004) Cite this as: BMJ 2004;328:727
- Ray Moynihan
- Washington, DC
Spending on drugs in the United States and Canada rose 11% last year, according to new figures released last week by a leading market analyst firm, Intercontinental Marketing Services (IMS).
The IMS World Review shows that global drug sales rose 9% in 2003, to almost $500bn (£270bn; €400bn).
Almost half of the world's drug sales occur in the United States and Canada, which spent almost $230bn. The increase in sales is less than in …