Transcription of The pharmaceutical industry: an overview of CPI, …
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1 The pharmaceutical industry : an overview of CPI, PPI, and IPP methodology Introduction The pharmaceutical industry plays a major and growing role in the United States economy, with both the consumption and the production of its products. Total value of consumption of pharmaceutical drugs in 2009 was $300 billion, or about 40 percent of the worldwide market share, and reflected a 37-percent increase since The total value of shipments by domestic producers in 2009 was $142 billion, with $46 billion in estimated exports. The 2009 value of imports was $81 billion, and represented a 65-percent jump over the value in Less expensive generic equivalents account for three-quarters of prescriptions filled, a figure that is climbing quickly because of a wave of patent expirations. Despite the high volume, generics account for only one-quarter of sales in the drug market.
1 The pharmaceutical industry: an overview of CPI, PPI, and IPP methodology Introduction The pharmaceutical industry plays a major—and growing—role in the United States economy,
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