Silver Book Fact

Fact image

New Medicines Account for 40% of Increase in Life Expectancy

Reference

Title
Patient Impact of Medicines
Authors
PhRMA
URL
Read Full Resource

Categories

  • Innovative Medical Research
  • Human Value

Related Facts

  • Increased Use of Medicines Reduces Overall Health Care Costs: Mental health/substance abuse (MH/SA) spending per patient fell as drug spending increased, 1992-1999  
  • Avoidable Productivity Losses, 2023  
  • Medicare could save $26 billion per year if currently healthy older people were able to remain fully independent over the course of a single year.  
  • If the major risk factors for chronic disease were eliminated, at least 80% of heart disease, stroke and type 2 diabetes would be prevented; and 40% of cancer would be…  
  • According to the Pharmaceutical Research and Manufacturers of America, medical research could result in $149 billion in savings for government programs by 2025.