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Biotech / Medical : Merck -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (1229)5/24/1999 10:16:00 PM
From: Brian Malloy  Read Replies (2) | Respond to of 1580
 
As we look at the future of the pharmaceutical industry all should mull over the following and consider the growth ramifications.

Facts about the elderly and aging
US population age 65 or older
4% in 1960
12% in 2000
22% in 2030
Fastest growing age cohort=persons over age 85
The elderly account for 1/3 of all health care expenditures
Health care consumes approx. 14% of the GNP

A rising tide lifts all ships