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World's Drug Bill to Rise to $1.4 Trillion in 2020, Report Says

Photographer: Andrew Brookes/Getty Images/Cultura Exclusive

The world’s annual pharmaceutical bill will grow by about a third to $1.4 trillion in 2020 as brand-name drugs for cancers and rare diseases come to market, according to researchers at the IMS Institute for Healthcare Informatics.

Among the report’s top findings: