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0 0 0.00061122025758562 -0.000196463654224038 -0.00259768609473914 8.73171796550177E-05 0.000698537437240762 0.00379829731499675
Stock impact report

U.S. Medicines Spending Grew in 2023 as Greater Access Offset COVID-19-related Decline, Says IQVIA Institute [Yahoo! Finance]

IQVIA Holdings, Inc. (IQV) 
Last iqvia holdings, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.iqvia.com
Company Research Source: Yahoo! Finance
Spending growth was 9.9% when COVID-19 vaccines and therapeutics are excluded, driven by innovation in areas such as oncology, immunology, diabetes, and obesity Patient out-of-pocket costs increased due to the increasing use of GIP/GLP-1 agonists, which are approved and widely reimbursed for diabetes but are less commonly covered for obesity The number of patient visits, diagnostics and elective procedures fell 4-6% in 2023, while new prescriptions rose 4% RESEARCH TRIANGLE PARK, N.C., May 14, 2024 BUSINESS WIRE )--Overall spending in the U.S. market for medicines grew by 2.5% and reached $435Bn in 2023. Excluding the contribution from COVID-19 vaccines and therapeutics, spending grew at 9.9%, according to a new report from the IQVIA TM Institute for Human Data Science, The Use of Medicines in the U.S. 2024: Usage and Spending Trends and Outlook to 2028 The drop in COVID-19 vaccines and therapeutics masks the significant growth in medicines that are bringing new clinical adva Show less Read more
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