Saturday, March 10, 2007

Prescription drug sales increase

It's great to see not all are against the Medicare Prescription Drug benefit. According to the Wall Street Journal article, "Prescription-Drug Sales Increase, Fueled by Medicare-Drug Benefit," US prescription drug sales rose 8.3% in 2006. "Prescriptions dispensed through the Medicare drug benefit accounted for 17% of retail prescriptions," -- pretty significant, especially in light of the report by the Consumers Union (see yesterday's blog entry).

It seems the Prescription drug benefit is one of the best things to occur to the pharma companies.

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