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Building a Better Health Care System: PhRMA's Patient-Centered Agenda

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Building a Better Health Care System: PhRMA's Patient-Centered Agenda

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Industry Effort to Combat COVID-19

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Industry Effort to Combat COVID-19

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PhRMA: Build a Better Health Care System to Bring Down Medicine Barriers

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PhRMA: Build a Better Health Care System to Bring Down Medicine Barriers

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PhRMA's Equity Initiative

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Working Together to Fight COVID-19

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Working Together to Fight COVID-19

The Pharmaceutical Research and Manufacturers of America, PhRMA, represents the country’s leading biopharmaceutical researchers and biotechnology companies.

latest from the Blog

90%

OF ALL CLINICAL TRIALS

are led by the biopharmaceutical industry

Learn More

$1.1

trillion

total value of goods and services supported by the biopharmaceutical sector

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4.7

million jobs

are supported by America's biopharmaceutical companies

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45%

of all Medicare acute hospitals participate in 340B.

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30,000

340B sites enrolled as of May 2015.

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88%

decline in hiv/aids death rates

Since the 1990s

80%

of 340B volume goes through DSH hospitals even though they make up just 9% of 340B entities.

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1,500

new safe and effective medications

have been delivered to patients, thanks to PDUFA.

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1,300+

cancer treatments

are in clinical testing

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550

new medicines

Approved by the Food and Drug Administration since 2000.

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$2.6

billion

The average cost to develop one new medicine.

8

months

Priority FDA review time thanks to PDUFA

74%

of medicines in development

have the potential to be first in class medicines

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160+

medicines in development

for diabetes and related conditions

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80+

autoimmune diseases

have been identified to-date

$3.5

million

Average yearly amount PhRMA Foundation awards to young scientists

Learn More

7,000

new medicines

Currently in development around the world.

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