US spent $99B on cancer drugs in 2023: 5 things to know

Becker's Healthcare October 7, 2024
Elizabeth Gregerson

The U.S. spent $99 billion on both oral and clinician-administered cancer therapies in 2023, according to a report published in April by analytics firm IQVIA. As cancer drug prices continue to increase, spending is projected to grow.

Here are five things to know about cancer drug spending in the U.S.:

1. The U.S.’ $99 billion spending on cancer drugs in 2023 represented 45% of global cancer drug spending.
2. Cancer drug spending in the U.S. is expected to increase...

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