PhRMA

The Pharmaceutical Research & Manufacturers of America (PhRMA) is a trade association based in Washington, District of Columbia. PhRMA represents innovative biopharmaceutical research and discovery companies. With 540 employees, the organization is dedicated to advancing public policies that support innovative medical research. PhRMA advocates for policies that encourage the discovery of new medicines and promote patient access to safe and effective treatments. They work to achieve this through various initiatives, including promoting strong intellectual property incentives and transparent, effective regulation. PhRMA also provides information to patients about new treatments and cures. PhRMA highlights the significant contributions of the biopharmaceutical industry, emphasizing its role as a global leader in medical innovation. They point to the industry's substantial investments in research and development, resulting in over 500 new medicines approved by the Food and Drug Administration since 2000. PhRMA also emphasizes the vast pipeline of over 7,000 new medicines currently in development worldwide. For more information about PhRMA and its initiatives, visit their website at phrma.org.