New medicines, or “new chemical entities” accounted for 40% (0.8 years) of the two-year gain in life expectancy seen in 52 countries from 1986-2000.
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Percent Growth in Number of People Reporting Chronic Diseases, 2003-2023: Current Path versus Alternative Path
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Spending $11,000 on general medical care adds an average of 1 year of life. Spending only $1,345 on pharmaceutical research and development yields the same return.
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