Wednesday, October 15, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Antidepressant Prescription Sales Spike – Investment Watch

by IWB
April 28, 2022
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


by Martin Armstrong

A SingleCare Workforce examine revealed the vast majority of the US inhabitants takes some type of a prescription capsule. The insurance coverage company discovered that the variety of folks reliant on prescriptions considerably rose after the pandemic. Actually, medicines for psychological well being points are on the rise. The corporate reported a 70% improve in prescriptions for the antidepressant Lexapro, a 31% improve in Zoloft, a 21% improve in Trazadone, a 20% improve in Prozac, and a 16% improve in Adderall. The company famous that the American Psychological Affiliation reported an uptick in people self-medicating illegally with opioids as effectively.

Presently, round 66% of adults within the US are reliant on Huge Pharma. Canada is in an analogous scenario, albeit with decrease prescription prices, with 65% of their grownup inhabitants on prescription drugs. In distinction, solely 26% of adults within the UK and 35% of adults in Australia are reliant on medicines.

Why are folks within the US and Canada extra prone to take prescription remedy? One may argue the US inhabitants will not be as wholesome as different nations because of weight problems and restricted walkable cities, however that doesn’t account for the massive disparity. One huge purpose is advertising – however that doesn’t apply in Canada. Solely within the US do you see commercials and billboards promising a capsule to treatment the woes of life. It’s not frequent observe in different international locations for folks to ask their physician for a particular drugs.

This all comes right down to enterprise and company income. The common American takes FOUR totally different drugs every day. So over 131 million People are reliant on a minimum of one remedy. Residents within the US spend greater than any nation on prescribed drugs, with the common shopper spending $1,229. Canadians spend round $879.

Along with the billions Huge Pharma made on COVID-related medication and vaccines, they’ve additionally profited from COVID restrictions deteriorating the general public’s psychological well being. In mid-June 2020, when many restrictions started to ease, SingleCare reported a 50% improve in antidepressant remedy. The identical improve was reported throughout the third week of March when lockdowns started. “Between the priority over job loss, isolation, and normal anxiousness, this rising development in antidepressants over the previous few months could be as a result of pandemic’s influence on psychological well being,” Ramzi Yacoub, Pharm.D., the chief pharmacy officer at SingleCare acknowledged. Insurance coverage and pharmaceutical corporations consider the necessity for prescribed drugs will solely proceed. Because of COVID, antidepressants are actually probably the most prescribed remedy within the US and the second-most prescribed remedy in Canada.



Assist Assist Unbiased Media, Please Donate or Subscribe:

Trending:

Views:
34




















Source link

Tags: AntidepressantInvestmentPrescriptionsalesSpikeWatch
Previous Post

2:00PM Water Cooler 4/27/2022 | naked capitalism

Next Post

Big Business Depletes Nature, Big Business Supplants Naturewith Synthetic Food — Global Issues

Related Posts

What to look for when Hasbro (HAS) reports Q3 2025 earnings results

What to look for when Hasbro (HAS) reports Q3 2025 earnings results

by Staff Correspondent
October 14, 2025
0

Shares of Hasbro, Inc. (NASDAQ: HAS) have been up over 1% on Tuesday. The inventory has gained 31% year-to-date. The...

Goldman Sachs (GS) earnings Q3 2025

Goldman Sachs (GS) earnings Q3 2025

by Hugh Son
October 14, 2025
0

David Solomon, CEO Goldman Sachs, talking on CNBC's Squawk Field on April twenty second, 2025. CNBCGoldman Sachs is scheduled to...

China’s Next Industrial Revolution Is Out of This World

China’s Next Industrial Revolution Is Out of This World

by Ian King
October 14, 2025
0

After I was rising up within the Eighties, China’s factories have been principally identified for churning out low cost garments...

Bloom Energy (BE) soars on deal with Brookfield to power AI data centers

Bloom Energy (BE) soars on deal with Brookfield to power AI data centers

by Spencer Kimball
October 14, 2025
0

Shares of Bloom Power soared Monday after putting a cope with Brookfield Asset Administration to put in gas cells in...

Wellgistics Health reappoints Prashant Patel as interim CEO amid executive shakeup (WGRX)

Wellgistics Health reappoints Prashant Patel as interim CEO amid executive shakeup (WGRX)

by Khushi Singh
October 13, 2025
0

Prashant Patel, has been reappointed as president, interim cheif govt officer, and board member of Wellgistics Well being (NASDAQ:WGRX) after...

China ‘not afraid’ of trade war with U.S. (MCHI:NASDAQ)

China ‘not afraid’ of trade war with U.S. (MCHI:NASDAQ)

by Kim Khan
October 12, 2025
0

Oct. 12, 2025 6:42 AM ETiShares MSCI China ETF (MCHI)SPY, FXI, PGJ, GXC, YINN, CQQQ, KWEB, ASHR, CNYA, FLCH, DXY,...

Next Post
Big Business Depletes Nature, Big Business Supplants Naturewith Synthetic Food — Global Issues

Big Business Depletes Nature, Big Business Supplants Naturewith Synthetic Food — Global Issues

Is Airbnb Stock A Buy Going Into The Summer?

Is Airbnb Stock A Buy Going Into The Summer?

Anil Singhvi’s stocks of the day: Tech Mahindra, Persistent Systems, ICICI Lombard shine on strong Q2

Anil Singhvi’s stocks of the day: Tech Mahindra, Persistent Systems, ICICI Lombard shine on strong Q2

October 15, 2025
Cotton Holds onto Losses on Tuesday

Cotton Holds onto Losses on Tuesday

October 15, 2025
Illegal immigration crisis and escalating robbery in Spain 2025: 14,545 expulsion orders, 310,289 thefts, and a 6% increase in violent crime

Illegal immigration crisis and escalating robbery in Spain 2025: 14,545 expulsion orders, 310,289 thefts, and a 6% increase in violent crime

October 15, 2025
FIFA World Cup 2026: The best pictures from the latest qualified teams | Football News

FIFA World Cup 2026: The best pictures from the latest qualified teams | Football News

October 15, 2025
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LV:CA) Q3 2025 Sales Call Transcript

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LV:CA) Q3 2025 Sales Call Transcript

October 14, 2025
EVs take a backseat in Stellantis’ B US investment plan

EVs take a backseat in Stellantis’ $13B US investment plan

October 15, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Anil Singhvi’s stocks of the day: Tech Mahindra, Persistent Systems, ICICI Lombard shine on strong Q2

Cotton Holds onto Losses on Tuesday

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In