About PhRMA, the Pharmaceutical Research and Manufacturers of America, represents the country’s leading biopharmaceutical researchers and biotechnology companies.
Our members are committed to finding tomorrow’s cures and treatments for some of the most serious diseases such as Cancer, Alzheimer’s Disease, Cystic Fibrosis and Parkinson’s.
- PhRMA companies spent an estimated $48.5 billion in 2012 to discover and develop new medicines.
- More than 300 new medicines were approved by the Food and Drug Administration in the last decade.
- Roughly 2,900 compounds are currently being studied in the United States alone—more than in any other region.
Learn more at http://phrma.org/ab