Congress should make sure savings on medicines go to patients, not PBMs. https://lnkd.in/eg_x6As7
PhRMA
Pharmaceutical Manufacturing
Washington, District of Columbia 58,889 followers
Research. Progress. Hope.
About us
Our Mission: The Pharmaceutical Research & Manufacturers of America (PhRMA) has as its mission to conduct effective advocacy for public policies that encourage discovery of important new medicines for patients by pharmaceutical and biotechnology research companies. To accomplish this mission, PhRMA is dedicated to achieving these goals in Washington, the states and the world: Broad patient access to safe and effective medicines through a free market, without price controls; Strong intellectual property incentives; And transparent, effective regulation and a free flow of information to patients. Who We Are: The Pharmaceutical Research and Manufacturers of America (PhRMA) represents innovative biopharmaceutical research and discovery companies. PhRMA is devoted to advancing public policies in the U.S. and around the world that support innovative medical research, yield progress for patients today and provide hope for the treatments and cures of tomorrow. Key Facts about the Biopharmaceutical Industry: - Since 2000, PhRMA member companies have invested more than $900 billion in the search for new treatments and cures. - America’s biopharmaceutical industry is the global leader in medical innovation, with more than 500 new medicines approved by the Food and Drug Administration since 2000. - The biopharmaceutical pipeline has over 7,000 new medicines currently in development around the world. Get fresh content daily by subscribing to our updates at https://catalyst.phrma.org/subscribe
- Website
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https://www.PhRMA.org
External link for PhRMA
- Industry
- Pharmaceutical Manufacturing
- Company size
- 201-500 employees
- Headquarters
- Washington, District of Columbia
- Type
- Nonprofit
- Founded
- 1958
- Specialties
- Policy, Scientific Research, Advocacy, Public Affairs, Federal Affairs, State Government Affairs, and pharmaceuticals
Locations
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Primary
670 Maine Ave SW
Washington, District of Columbia 20024, US
Employees at PhRMA
Updates
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Antibiotic-resistant infections are directly associated with over 1.2 million deaths per year. Without intervention, the threat of antimicrobial resistance (AMR) will only continue to grow. Vaccines are our greatest tool against evolving public health threats like AMR. If rolled out for all 23 evaluated pathogens in recent [tag] World Health Organization research, vaccines could reduce the number of antibiotics needed by 22% every year, and save one-third of the hospital costs associated with AMR. #WAAW #AMR https://lnkd.in/g37jBnY9
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As an industry, we’ve made incredible progress in transforming diabetes care over the past century. This #AmericanDiabetesMonth, we recognize the important role innovation plays in improving the health of patients living with the disease and understand the critical need for a policy environment that prioritizes affordable access to life-saving diabetes treatments. Hear more from PhRMA’s Senior Director of Public Affairs & Strategic Initiatives, Drew Voytal, MPA-HCA, who has lived with type 1 diabetes for most of his life:
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The biopharmaceutical industry is projected to spend over $100 billion a year to bring new medicines to patients, but 4 in 10 patients still face issues accessing the treatments they need. On November 21, PhRMA’s Chief Operating Officer, Lori Reilly will participate in a WTOP News webinar about the barriers to medicines imposed by middlemen and the legislative action needed to protect patient access. Register to watch here: https://lnkd.in/epr9uKV6
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Hear Samaritan Health Services President Andrew von Eschenbach M.D discuss the importance of regulatory policies that allow medicine research and development to thrive.
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Today, 90% of prescriptions for medicines are filled with generics. CEO Stephen Ubl describes how the market supports ongoing innovation and lowers costs for patients.
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A recent study from Health Affairs examines the impact of the Inflation Reduction Act’s prescription drug price setting on post-approval R&D, a critical driver in the fight against cancer. Did you know? For nearly 9 out of 10 (89%) approved cancer medicines, additional clinical trials were initiated after the initial approval to explore new uses. In fact, more than half of all cancer medicine indications were approved after that first FDA approval. This post-approval research is essential for unlocking new treatment options for patients. Health Affairs’ findings add to the growing body of evidence detailing the IRA’s unintended consequences. We know what’s wrong with the law. Now lawmakers need to fix it. https://lnkd.in/gAq-P65A
Post-approval R&D is critical for fighting cancer. The IRA makes it more difficult.
phrma.org
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Eli Lilly and Company CEO Dave Ricks explains the dangers of the current administration’s proposed march-in rights framework on the pharmaceutical industry’s ability to develop new cancer treatments and cures and deliver them to patients like those with pancreatic cancer. #PancreaticCancerAwarenessMonth
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This #NationalFamilyCaregiversMonth is a moment to recognize the substantial toll that Alzheimer’s disease has on the loved ones of patients living with this devastating condition. Watch more from Eli Lilly and Company's Anne White & PhRMA's Lori Reilly: https://lnkd.in/eJMDwRfE. #ENDALZ
National Family Caregivers Month
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Vaccines are highly effective and safe tools for protecting our health, with a long history of saving lives and reducing health care costs. Our Chief Medical Officer Dr. Michael Ybarra, MD recently participated in the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices. See his key takeaways here about what was discussed:
From the emergency department to the CDC Advisory Committee: Key takeaways from ACIP’s recent meeting
phrma.org