Click to watch the live stream and join the conversation. #PhRMA16

0 SHARES

0

0

1

41

0 SHARES

0

0

1

41

Strengthening Our Economy

America’s biopharmaceutical research companies are making important economic contributions in communities across the U.S.

America’s biopharmaceutical research companies are making important economic contributions in communities across the U.S.

  • Clinical Trials in Your State

    Discover the impact of industry-sponsored clinical trials in your state.

    See All States
  • Economic Impact by State

    The biopharmaceutical sector generates high-quality jobs and powers economic output in states across the U.S.

    See All States
  • Infographic: Strengthening Our Economy

    The biopharmaceutical sector's pursuit of innovative treatments is a driver of the modern economy.

    Read more
  • About the Campaign


America’s biopharmaceutical industry is the global leader in medical innovation, with more than 550 new medicines approved by the Food and Drug Administration since 2000. In 2015, PhRMA member companies invested $58.8 billion in research in development of new medicines and over half a trillion dollars since 2000. The biopharmaceutical pipeline has over 7,000 new medicines currently in development around the world. 

The impact of the biopharmaceutical sector is evident not only in treatment savings but also in economic activity. The biopharmaceutical sector is one of the most R&D-intensive in the United States, with companies investing more than 12 times the amount of R&D per employee than all manufacturing industries overall. More than 854,000 people work in the biopharmaceutical industry in the United States, and the industry supports a total of nearly 4.4 million jobs across the economy, including jobs directly in biopharmaceutical companies, jobs with vendor companies in the broad biopharmaceutical supply chain, and jobs created by the economic activity of the biopharmaceutical industry workforce.

connect with PhRMA...

Make your voice heard. Join the important discussion on the value and economic impact of new medicines.


connect with PhRMA...

Make your voice heard. Join the important discussion on the value and economic impact of new medicines.


  • +68K

    Followers

  • +42K

    Followers

  • 377

    Followers

  • 1499

    Subscribers