Related Experiment Video
Updated: Jul 9, 2026

Drug Repurposing Hypothesis Generation Using the "RE:fine Drugs" System
Published on: December 11, 2016
Projecting future drug expenditures--2000
1The Mount Sinai Hospital, Mount Sinai School of Medicine, New York, NY, USA.
Drug costs are projected to rise 12-15% in 2000 due to new drug development and industry changes. Rising prescription drug expenditures and the impact of pharmacogenomics are key factors influencing future drug pricing and accessibility.
Area of Science:
- Health Economics
- Pharmaceutical Industry Analysis
- Drug Development Trends
Background:
- Drug costs are a significant concern for patients and healthcare systems.
- The pharmaceutical landscape is rapidly evolving with new technologies and market dynamics.
Purpose of the Study:
- To project drug costs for the year 2000.
- To identify key factors influencing these costs.
- To analyze the impact of industry trends on drug accessibility.
Main Methods:
- Analysis of drug cost trends and expenditure projections.
- Review of factors influencing pharmaceutical pricing, including R&D investment and mergers.
- Assessment of the impact of emerging technologies like pharmacogenomics and online pharmacies.
Main Results:
- Projected drug cost increase of 12-15% in 2000.
- Average annual prescription drug expenditure increase of 11.2% between 1999-2001.
- Anticipated launch of new, potentially expensive drugs and increased generic drug sales.
Conclusions:
- Significant increases in drug costs are expected, driven by innovation and market consolidation.
- Emerging trends like pharmacogenomics and internet pharmacies will reshape the industry.
- High drug costs may limit patient access, potentially prompting government intervention.
More Related Videos
10:17High-throughput and Comprehensive Drug Surveillance Using Multisegment Injection-Capillary Electrophoresis-Mass Spectrometry
Published on: April 23, 2019
06:16Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease
Published on: August 9, 2024
Related Concept Videos
Prescription, Nonprescription and Orphan Drugs
The misuse and addiction to prescription drugs is a growing problem that can affect people of all age groups, specifically teenagers. This can happen when prescription medications are used in ways not intended by the prescriber, such as taking someone else's prescription or using medication for...
Drug Distribution: Overview
Initially, the free drug in the...
Pharmaceutical Equivalents
Drug Dosing: Geriatric Patients
Pharmacodynamic Models: Additive and Proportional Drug Effect Model
Impact of Pharmacokinetic–Pharmacodynamic Models: Regulatory Decisions