Silver Book Fact

A one percent reduction in cancer-related deaths in the U.S. would be worth an estimated $500 billion to society from increased quality of life and increased productivity from longer lives.

Murphy K, Topel R. The Value of Health and Longevity. J Political Econ. 2006; 114(5): 871-904. https://www.dartmouth.edu/~jskinner/documents/MurphyTopelJPE.pdf

Reference

Title
The Value of Health and Longevity
Publication
J Political Econ
Publication Date
2006
Authors
Murphy K, Topel R
Volume & Issue
Volume 114, Issue 5
Pages
871-904
URL
Read Full Resource

Categories

  • Innovative Medical Research
  • Future Value

Related Facts

  • Since 1975, the five year survival rate for breast cancer patients has increased by 40 percent.  
  • Improvement in 5-Year Survival Rates for All Cancers Since 1975
     
  • According to the Pharmaceutical Research and Manufacturers of America, a medicine in development targets late-stage metastatic melanoma. The medicine contains a gene encoding antigen that may be able to…  
  • Use of the Pap smear test is credited with cutting the age-adjusted cervical cancer incidence in half between 1975 and 2001, reducing it from 14.8 to 7.9 cases per 100,000…  
  • Approximately one third of men diagnosed with prostate cancer will opt for surgical treatment.