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PHARMA: Prescription drug sales over $216 billion in 2003

Just in case you were overly concerned about all the problems that pharma companies were having, (yes, I thought you were!), you might need reminding what a strong overall business this is.  IMS reports that US prescription drug sales were over $216 billion in 2003.  That’s up over 11% from the previous year and continues a run of strong double-digit growth since the mid-1990s. The biggest single class, the statins reached $13 billion. Imports from Canada were only around $1 billion.

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