PhRMA (Pharmaceutical Research and Manufacturers of America)

PhRMA, the Pharmaceutical Research and Manufacturers of America, is a trade organization representing leading pharmaceutical companies. It advocates for policies that support innovation in drug development, aiming to improve health through new medicines. PhRMA works with government and other stakeholders to promote advanced research, secure intellectual property rights, and ensure access to breakthrough treatments. It plays a key role in shaping industry standards and policies, balancing the need for innovation, affordability, and public health. Essentially, PhRMA supports the development of new medicines while navigating the complex landscape of healthcare, regulation, and innovation.