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In 1980, PhRMA's member companies invested $2 Billion in research and development of medicines.
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We celebrate the 50th anniversary of this industry coming together ... to represent the interests of the patients we serve.
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In The News
More Than 300 New Medicines BeingDeveloped To Treat Mental Illnesses
Nationwide, mental illness affects nearly 60 million American adults. And according to a new report, America's pharmaceutical research companies are working on a record 301 new medicines to treat those affected.
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PPA Helps 5 Millionth Patient
In Just Over Three Years
The Partnership for Prescription Assistance has helped more than five million uninsured and financially- struggling Americans get access to the medicines they need for free or nearly free.
R&D by Pharmaceutical CompaniesReaches Record $58.8 Billion in 2007
America’s pharmaceutical and biotechnology research companies invested a record $58.8 billion last year in the research and development of new life-changing medicines and vaccines – an increase of nearly $3 billion from 2006.
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Richard T. Clark Is Elected PhRMABoard Chairman At Annual Meeting
The Chief Executive Officer and President of Merck was elected board chairman of the Pharmaceutical Research and Manufacturers of America at the trade association’s annual meeting.
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