By SPC News Staff
The COVID-19 pandemic heavily influenced spending on prescription drugs in 2020, according to ASHP’s National Trends in Prescription Drug Expenditures and Projections for 2021.
Shifts in care related to the pandemic will continue to be a significant driver of drug expenditures in 2021, along with uptake in the use of biosimilars, a large pipeline of new cancer drugs and increased approvals of specialty medications.
In 2020, prescription drug spending grew at a moderate