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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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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Data shows COVID-19 vaccines are creating a pathway to a strong U.S. recovery

As we head into the Fourth of July weekend, Americans are reemerging from the COVID-19 pandemic with heightened hopes and confidence in a strong U.S. recovery. The COVID-19 vaccines have been...
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Beyond output and employment: The impact of America’s biopharmaceutical industry

Particularly in recent times, biopharmaceutical companies have become increasingly important to the American economy. But just how valuable are they? In the United States, these businesses support...
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Preserving U.S. innovation worldwide is more important than ever

The COVID-19 pandemic has spurred unprecedented levels of innovation within the biopharmaceutical industry to combat this urgent global health crisis. PhRMA member companies are collaborating with...
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American biopharmaceutical manufacturing: Fueling economic growth now and for years to come

As the world has grappled with the current pandemic, there has been increased focus on biopharmaceutical manufacturing and its global supply chain. Many wondered whether the biopharmaceutical...
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Manufacturing Day 2020: A closer look at the biopharmaceutical industry’s contributions

The first Friday of October marks Manufacturing Day, an annual recognition of the critical role manufacturing industries play in powering innovation and generating jobs and economic growth for...
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America’s global leadership in biopharmaceutical manufacturing

Unfortunately, there are a lot of assertions floating around that tell a misleading story about pharmaceutical manufacturing, diminishing America’s leadership and suggesting our reliance on other...
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New report: Biopharmaceutical industry supports over 4 million jobs and $1.1 trillion in U.S. economic output

Across the country, the biopharmaceutical sector supports millions of jobs in its pursuit to discover ground-breaking treatments and cures for patients around the world.
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What you need to know about H.R. 3

Speaker of the House Nancy Pelosi’s drug pricing proposal, H.R. 3, which is being voted on in the U.S. House of Representatives today, is unprecedented in size and scope. It dramatically expands the...
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