Silver Book Fact

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New Medicines Account for 40% of Increase in Life Expectancy

Reference

Title
Patient Impact of Medicines
Authors
PhRMA
URL
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Categories

  • Innovative Medical Research
  • Human Value

Related Facts

  • If resonable improvements in preventing and managing chronic disease are made, 40.2 million cases of chronic disease will be avoided in 2023.  
  • Every $1 invested in newer medications saves $7 in other costs.  
  • Greater Adherence to Medicines Decreases Total Health Care Spending  
  • Each new drug approved between 1970 and 1991 saves an average of 11,200 life-years in 1991.  
  • Delaying the onset of Alzheimer’s disease, innovations that delay disability among the elderly through 2009, and a 25% increase in efficiency and effectiveness of cancer treatment would save $138 billion…