As Directions in Pharmacy we enter its second decade, we are proud of our publication’s continuing role in educating the marketplace on the speciality. Our speciality pharmacy readers are amongst the most informed in health care.
One of our publication goals is to be your ‘go to’ resource for evolving trends. To stay on top of those trends, we urge you to register on our website or 1 of our social media channels to receive our industry-focused emails and other information resources. You can get real-time updates on the business and profession of special pharmacy and special products.
Below are special pharmacy’s top trend:
New Specialty Products and Continued Growth
Special pharmacy became a reality as the result of the emergence of new drug approvals for disease states that lacked adequate therapy or no therapy at all. These new therapies have resulted in eradicating diseases or extending the lives or quality of those lives of millions of individuals. Special products have given hope and relief, and our speciality industry continues to expand and evolve as a result of new drug approvals.
Expect that over the course of the next several years’ products in the categories of oncology, autoimmune disorders, and diabetes will drive therapeutic growth. In a recent IQVIA report, it was pointed out that while speciality medicines were only 2.2% of the prescription volume it is projected that by the end of 2020 speciality medications will account for nearly 50% of the nation’s drug spending.
