PHRMA

PhRMA Statement on the Senate Finance Committee Proposal

Washington, D.C. (September 16, 2009) – Pharmaceutical Research and Manufacturers of America (PhRMA) Senior Vice President Ken Johnson released the following statement about the Senate Finance Committee health care reform proposal:

“We are currently reviewing the Senate Finance Committee health care reform proposal but we continue to believe that all Americans should have access to high-quality, affordable healthcare coverage and services. If done in a smart way, health care reform will benefit patients, the economy and the future of America.

“What’s critical now is that we remain focused on the important goal of helping pass a comprehensive health care reform bill that can get to the President’s desk this year. We will continue to be a constructive partner to help meet this goal.”

The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading pharmaceutical research and biotechnology companies, which are devoted to inventing medicines that allow patients to live longer, healthier, and more productive lives. PhRMA companies are leading the way in the search for new cures. PhRMA members alone invested an estimated $50.3 billion in 2008 in discovering and developing new medicines. Industry-wide research and investment reached a record $65.2 billion in 2008.

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