The Latest on the Biopharmaceutical Industry’s Efforts to Beat Coronavirus
America’s biopharmaceutical companies are committed to developing solutions to help diagnose and treat those with COVID-19, a disease caused by a novel strain of coronavirus. In addition to applying their scientific expertise to find ways to diagnose, treat and prevent infections from the virus, the biopharmaceutical industry is providing financial support and in-kind donations to organizations and collaborating with U.S. and global health authorities to combat this global public health emergency. More than half of PhRMA members have R&D for potential treatments and vaccines under way or are providing donations of medicines and critical medical supplies as well as providing financial donations to support patients and first responders in addressing this evolving crisis.
Our Commitment to Beat Coronavirus
In these unprecedented times, we are coming together to achieve one shared goal: to beat COVID-19. The decades-long investments we have made in new technology, research and treatments have prepared us to act swiftly:
We are rapidly screening our vast global libraries of medicines to identify potential treatments and have numerous clinical trials underway to test new and existing therapies.
We are dedicating our top scientists and using our investments in new technologies to speed the development of safe and effective vaccines.
We are sharing the learnings from clinical trials in real time with governments and other companies to advance the development of additional therapies.
We are expanding our unique manufacturing capabilities and sharing available capacity to ramp up production once a successful medicine or vaccine is developed.
We are collaborating with government agencies, hospitals, doctors and others to donate supplies and medicines to help those affected around the world.
We are working with governments and insurers to ensure that when new treatments and vaccines are approved they will be available and affordable for patients.
We all have unique roles to play and are confident that together we will be successful. And we won't rest until we are.