Silver Book Fact

A drug that can reduce the risk of breast cancer in high-risk women costs approximately $1,050 per year. The average cost per year for surgery or other invasive methods of treating breast cancer is $14,000.

Categories

  • Innovative Medical Research
  • Economic Value

Related Facts

  • Survival rates for colon cancer went from 41 percent to 63 percent between 1975 and 1995.  
  • Gains in healthy years of life and social value from cancer R&D
     
  • According to the Pharmaceutical Research and Manufacturers of America, a cancer medicine in the pipeline would inhibit production of a protein that may interfere with the effectiveness of chemotherapy.  
  • Following the current path, the colon cancer incidence rate will increase by 31.8% between 2003 and 2023 (447,000 people). If an alternative path is taken, there will be 17.7% (79,000…  
  • When detected early, the 5-year survival rate for colorectal cancer is 90%; however, only 39% of colorectal cancers are diagnosed early, mainly because of low rates of screening.