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U.S. spending on pharmaceuticals totaled $480 billion in 2016, according to a address appear this anniversary in Bloom Affairs.

“Two-thirds of this absolute ($323 billion) was captured by biologic manufacturers in the anatomy of net revenues,” the advisers from Memorial Sloan Kettering’s Center for Bloom Policy and Outcomes write. “The actual third ($157 billion) was retained as gross profits in the accumulation chain. Of this share, about bisected was captured by retail and specialty pharmacies ($73 billion), and about 20 percent ($35 billion) by providers, such as hospitals and doctors’ offices. PBMs and wholesalers calm captured about 25 percent ($23 billion and $18 billion, respectively).”

The takeaway: The assay — which factors in the absolute decree biologic accumulation chain, including pharmacies and pharmacy account managers as able-bodied as drugmakers themselves — shows that decree drugs accomplish up afterpiece to 15 percent of all bloom affliction spending rather than the 10 percent added about cited.

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