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After The Cliff: Fewer Patent Expiries Mean Less Savings From Generics

 
• By Joseph Haas

A PwC report on medical cost trends projects that while US health care cost-growth has plateaued, several inflationary factors remain, including a reduction in big-ticket prescription drugs going off-patent. The trend began in 2016 and is expected to continue in 2018.

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The trend of diminishing health care cost-saving opportunities from newly available generic drugs is expected to continue in 2018, furthering a headwind that began in 2016, a new report from PwC Health Research Institute notes.

The significant patent cliff that was experienced by the industry five years ago – when big blockbuster drugs lost patent...

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