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Record W4405573853 · doi:10.51731/cjht.2024.1049

Canadian Trends in Estimated Drug Purchases and Projections: 2024 and 2025

2024· article· en· W4405573853 on OpenAlexaboutno aff
Mina Tadrous, Ke Wang, Shanzeh Chaudhry, C.Y. Chu, Fiona Clement, Jason R. Guertin, Michael R. Law, Tara Gomes, Kaleen N. Hayes

Bibliographic record

VenueCanadian Journal of Health Technologies · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicPharmaceutical Economics and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsAuditBusinessBiosimilarSpecialtyAgricultural economicsMedicineAccountingEconomicsFamily medicine

Abstract

fetched live from OpenAlex

What Is the issue? Data on trends in the pharmaceutical market remain limited. We offer an annual update on estimated drug purchases in Canada and highlight key factors that could impact future spending. What Did We do? We conducted a retrospective time-series analysis of annual estimated drug purchases across Canada between 2001 and 2023 using IQVIA’s Canadian Drugstore and Hospital Purchases Audit. We calculated total estimated drug purchases and relative percentage change annually, stratified by sector (retail and hospital), and forecast annual spending to 2025. What Did We Find? Total estimated drug purchases for 2023 were approximately $43.5 billion, 13.7% higher than in 2022. Overall, expenditure on the top 25 high-cost drugs accounted for 32.5% and 53.3% of total spending in the retail and hospital sectors, respectively. Pharmaceutical spending has grown over the past 2 decades, with an annual average growth of 5.8% and 8.2% in the retail and hospital sectors, respectively. Drug expenditure in the retail sector is expected to increase annually by 10.9% to 10.1% and spending within the hospital sector is expected to increase by 14.6% to 12.9% for 2024 and 2025, respectively. What Does This Mean? The accelerated growth in overall estimated drug purchases is likely driven by the increasing use of new diabetes and obesity treatments. Continued growth in drug purchases is projected across the Canadian market, which will be influenced by new approvals of specialty and oncology drugs, as well as generic and biosimilar versions of the top 25 drugs. Without measures to address this ongoing increase in pharmaceutical spending, there may be a need to reallocate funds from other public sectors or shift costs to private industry and patients.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.839
Threshold uncertainty score0.593

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0030.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.088
GPT teacher head0.337
Teacher spread0.248 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2024
Admission routes1
Has abstractyes

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