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Did You Know?
In 1980, PhRMA's member companies invested $2 Billion in research and development of medicines.
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Global Health Progress
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Straight Talk From PhRMA's Billy Tauzin
As a cancer survivor, I stand lock-step behind President Obama’s challenge to cure cancer in “our time." Finding better treatments and even a cure is a worthy public health goal. > MORE
Keeping America Healthy
Health in High Definition
Healthcare Now Updates
PhRMA Press Releases
5.6.09 PPA Provides Trusted, Reliable and Free Help to Struggling Americans
5.4.09 Billy Tauzin to Speak at Health Reform Summit in San Francisco
5.4.09 PhRMA Statement on Global Intellectual Property Agenda: 2009 Special 301 Report
4.29.09 Rx Response Raised to “Alert Status” In Response to Growing Swine Flu Threat
4.28.09 PhRMA Applauds Kathleen Sebelius’ Confirmation as HHS Secretary
4.21.09 PhRMA, Families USA Jointly Promote Measures to Ensure Quality, Affordable Healthcare Coverage
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IN THE NEWS
R&D Spending Reaches Record Levels
In 2008 Despite Economic Challenges
America's pharmaceutical research and biotechnology companies invested $65.2 billion in research and development in 2008. Another recent study found R&D investment per employee in the sector at eight times the level of all other manufacturing industries.
MEDICINES IN DEVELOPMENT
Record Number of Medicines Being
Developed to Treat Causes of Cancer
Responding to President Obama’s call for “a cure for cancer in our time,” PhRMA delivered a new report today showing that America’s pharmaceutical research and biotechnology companies are testing a record 861 new cancer medicines and vaccines.
> Learn MoreCOMPANY SPOTLIGHT
Health Care Reform: Getting it Right
I envision a time not all that far away when all people in need are diagnosed and treated. Fewer are hospitalized. And medicines will be seen not as the cost of sickness, but as an investment in improving health. Working together with partners and advisors from every sector and every walk of life, we can – and I believe this time we will – get the right healthcare reform.
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KNOW THE FACTS
Prescription Medicines Account for Only One-Tenth of Every Health Care Dollar
While the use of prescription medicines is growing because of the increased role medicines play in treating disease and helping patients to live longer, healthier lives, the cost of prescription medicines represents just over 10 cents of every health care dollar spent in the United States.
> Learn more