Our Mission

Our mission is to conduct effective advocacy for public policies that encourage the discovery of important, new medicines for patients by biopharmaceutical research companies. To accomplish this mission, we are dedicated to achieving these goals in Washington, D.C. and across the country.

Modernizing the Drug Discovery and Development Process

Promoting Value-Driven Health Care

Engaging and Empowering Consumers

Addressing Market Distortions


Modernizing Drug Discovery, Development and Approval by:

1

Encouraging use of 21st century tools for drug evaluation, review and approval

2

Ensuring that FDA drug approval is scientifically sound and efficient

3

Reducing the generic backlog and incentivize competition where needed


Promoting Value-Driven Health Care by:

1

Improving predictability for payers and diffusion of evidence

2

Addressing regulatory and legal uncertainty around value-based payment arrangements

3

Improving patient-centered decision support and value frameworks


Engaging and Empowering Consumers by:

1

Improving access to important out-of-pocket cost information

2

Improving access to important quality information

3

Removing potential discrimination in insurance benefit design

4

Improving access to important clinical information


Addressing Market Distortions by:

1

Addressing distorted price controls

2

Including prescription drug costs in commercial insurance risk adjuster

Who We Are

The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are devoted to discovering and developing medicines that enable patients to live longer, healthier and more productive lives. PhRMA is committed to advancing public policies in the United States and around the world that support innovative medical research, yield progress for patients today and provide hope for the treatments and cures of tomorrow.