HCP Ad Spending on the Rise
MM&M reports that expenditures for advertising to healthcare professionals rose during the first half of 2010. One notable stat is that the top 100 most advertised pharmaceuticals increased expenditures by a whopping 69.4% to $119.4 million.
Before taking any rash action based on this happy news, however, you should read more. Revenues are still around 20% short of 2008 levels, but it’s nice to hear about some positive trends for a change.