Did You Know?
In 1980, PhRMA's member companies invested $2 Billion in research and development of medicines.
Company Corner
The Frontier Within: Advancing American Medical Innovation
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IN THE NEWS
Setting the Record Straight
On Prescription Drug Costs
FACT: America’s biopharmaceutical companies have a long history of supporting patient access to affordable health care coverage, services and treatments.
MEDICINES IN DEVELOPMENT
Record Number of Medicines
In Development to Treat Diabetes
A record 235 new medicines to treat diabetes, one of the fastest-growing diseases in America, are being developed by America’s pharmaceutical research and biotechnology companies.
KNOW THE FACTS
Prescription Medicines Account for Only
One-Tenth of Every Health Care Dollar
While the use of prescription medicines is growing because of the increased role medicines play in treating disease, the cost of prescription medicines represents just over 10 cents of every health care dollar spent in the United States.
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