Within seven years, they went up by $2,500, the opposite direction of the promise. The fastest growing area of health care spending in the United States is drug spending. And The fastest area of drug spending increases is with this new class of medicines called biologics. That's because they are derived from cell lines. It's an expensive process to develop biologics. So they are naturally going to cost more, but not 1,000 times more, not 10,000 times more. (08:53–09:02)
CLAIM
Asserts that biologics are the fastest growing area of drug spending.
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