New Report: Nearly 800 medicines in development to treat chronic condition

Chronic conditions impose a substantial health and economic burden that affects millions of patients, families and communities across the United States each day. While these conditions come with different origins, symptoms and treatments, they each can have a negative impact on a person’s physical and emotional well-being, quality of life and productivity. Currently, it is estimated that six in 10 adults in the U.S. have a chronic condition and four in 10 adults have two or more. All combined, treating those with chronic conditions makes up 90% of the nation’s $4.1 trillion in annual health care expenditures. In response to the projected burden chronic conditions will continue to impose on the health care system, biopharmaceutical researchers have made tremendous efforts over the past 30 years to develop novel treatments that target these conditions.