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Short description
The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country's leading pharmaceutical research and biotechnology companies, which are devoted to inventing medicines that allow patients to live longer, healthier, and more productive lives. PhRMA companies are leading the way in the search for new cures.
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Additional Information
R&D Spending by U.S. Biopharmaceutical Companies Increases 3 Percent in 2008
New statistics just released reveal that R&D investment in new medicines by the biopharmaceutical industry was $65.2 billion in 2008, an increase of 3 percent from 2007, according to a combined analysis conducted by Burrill & Company and the Pharmaceutical Research and Manufacturers of Ame ... more
Biopharmaceutical Industry Research & Development Tops $55 Billion In 2006
New statistics just released reveal that R&D investments in new medicines by the biopharmaceutical industry was over $55 billion in 2006, according to a combined analysis conducted by Burrill & Company and the Pharmaceutical Research and Manufacturers of America (PhRMA). "This is the third ... more
R&D Investment By Pharmaceutical Companies Tops $38 Billion In 2004
New statistics released show that PhRMA's biotechnology and pharmaceutical research member companies invested a record $38.8 billion in research and development on medicines in 2004 (up from $34.5 billion in 2003). This tops a steady increase in R&D over more than two decades, from an estim ... more
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