
Tim McClung Tim is a director of policy & research at PhRMA.
Recent Posts
Biopharmaceutical manufacturing companies continue to expand their economic footprint across the United States

Before 2020, the importance of robust and resilient supply chains and how they can affect access to life-saving treatments probably wasn’t top of mind for many outside the biopharmaceutical industry....
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PhRMA member companies’ R&D investments reach record high of $102.3 billion in 2021

PhRMA member companies’ continued investment in research and development (R&D) has led to new medicines transforming human health. Innovative biopharmaceutical approaches to treating patients for a...
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Biopharmaceutical industry drives economic growth in all 50 states

The innovative biopharmaceutical industry has long been a significant driver of the nation’s economic growth and a key contributor to state and regional economies. A new report from TEConomy Partners...
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New report highlights importance of IP-intensive manufacturing industries to the U.S. economy

A new report from NDP Analytics showcases how innovation is the lifeblood of economic growth in the United States and that intellectual property (IP) protections are a crucial driver for high rates...
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PhRMA member companies’ R&D investments reach record high of $91.1 billion in 2020

PhRMA member companies’ robust investment in research and development (R&D) has led to advances and discoveries that are transforming health care and our approach to treating patients for a broad...
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PhRMA member companies invested $83 billion in research and development last year

PhRMA member companies invested $83 billion in research and development (R&D) in 2019, the highest level of investment on record, according to the 2020 PhRMA member annual survey. Over the past two...
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PhRMA member companies invested nearly $80 billion in R&D last year

Last year, PhRMA member companies invested a record-setting $79.6 billion in research and development (R&D) according to the 2019 PhRMA member annual survey.
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New Report: Advanced manufacturing powering innovative biopharmaceuticals

The science-based advanced manufacturing infrastructure of the biopharmaceutical industry is critical to fueling the innovation necessary to bring new treatments and cures to patients. With a...
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Biopharmaceutical venture capital is spurring innovation and economic growth

The biopharmaceutical ecosystem has helped make the U.S. the global leader in biomedical innovation today. An important part of this ecosystem is the thousands of small startup biopharmaceutical...
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PhRMA member companies R&D investments hit record high in 2017 - $71.4 billion

PhRMA member companies invested $71.4 billion in research and development (R&D) in 2017, the highest level of investment on record, according to the 2018 PhRMA member annual survey, released in...
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