Health Care Industry Spends $30B a Year Pushing Its Wares, from Drugs to Stem Cell Treatments

January 8, 2019

(Kaiser Health News) – Hoping to earn its share of the $3.5 trillion health care market, the medical industry is pouring more money than ever into advertising its products — from high-priced prescriptions to do-it-yourself genetic tests and unapproved stem cell treatments. Spending on health care marketing nearly doubled from 1997 to 2016, soaring to at least $30 billion a year, according to a study published Tuesday in JAMA.

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