Pharmaceutical Research and Manufacturers of America information
Trade group
"PhRMA" redirects here. For related uses, see Pharma.
Pharmaceutical Research and Manufacturers of America
Abbreviation
PhRMA
Formation
1958
Purpose
Trade association Lobbying
Board Chair
Ramona Sequeira
Board Chair
Vasant (Vas) Narasimhan, M.D.
President
Stephen J. Ubl
Website
Official website
Formerly called
Pharmaceutical Manufacturers Association
Pharmaceutical Research and Manufacturers of America (PhRMA, pronounced /ˈfɑrmə/), formerly known as the Pharmaceutical Manufacturers Association,[1] is a trade group representing companies in the pharmaceutical industry in the United States. Founded in 1958, PhRMA lobbies on behalf of pharmaceutical companies.[2][3] PhRMA is headquartered in Washington, DC.[1]
The organization has lobbied fiercely against allowing Medicare to negotiate drug prices for Medicare recipients,[4] and filed lawsuits against the drug price provisions in the Inflation Reduction Act.[5] At the state level, the organization has lobbied to prevent price limits and greater price transparency for drugs.[6]
PhRMA has given substantial dark money donations to right-wing advocacy groups such as the American Action Network (which lobbied heavily against the Affordable Care Act), the Koch brothers' Americans for Prosperity and Grover Norquist's Americans for Tax Reform, while rarely providing some donations to centrist or moderately right-leaning groups such as Center Forward.[7]
^ ab"Pharmaceutical Research and Manufacturers of America". National Health Council. November 4, 2014. Retrieved December 11, 2017.
^The Editorial Board (November 27, 2015). "Turn the Volume Down on Drug Ads". New York Times. Retrieved November 27, 2015.
^"Pharmaceutical Research and Manufacturers of America". C-SPAN. Archived from the original on April 6, 2022. Retrieved April 6, 2022.
^"PhRMA Warns of Dire Consequences if Medicare Allowed to Negotiate Drug Prices". www.medpagetoday.com. September 8, 2021. Retrieved October 3, 2021.
^"How Big Pharma is fighting Biden's program to lower seniors' drug costs". The Washington Post. March 11, 2024. Retrieved March 13, 2024.
^Hancock, Jay (December 18, 2017). "In Election Year, Drug Industry Spent Big To Temper Talk About High Drug Prices". NPR. Retrieved October 3, 2021.
^Hancock, Jay (July 27, 2018). "The Stealth Campaign to Kill Off Obamacare". The New York Times. ISSN 0362-4331. Retrieved October 3, 2021.
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