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Article: Prescription sales to grow. (Short Takes).(Brief Article)
- Article from:
- Physician Executive
- Article date:
- November 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 American College of Physician Executives. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Total retail prescription drug sales for 1999 are expected to exceed a record $121.6 billion, according to projections released by the National Association of Chain Drug Stores. That's an 18 percent jump from the $103.5 billion in retail sales in 1998. In making its annual sales projection, NACDS also projects an 8 percent increase in the number of prescriptions dispensed in the retail pharmacy marketplace. Sales of over-the-counter medications in community pharmacies are expected to reach $32 billion, an increase of 8.3 percent over the $29.5 billion in OTC sales in 1998. ...