About PhRMA
The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are laser focused on developing innovative medicines that transform lives and create a healthier world. Together, we are fighting for solutions to ensure patients can access and afford medicines that prevent, treat and cure disease. Over the last decade, PhRMA member companies have invested more than $850 billion in the search for new treatments and cures, and they support nearly five million jobs in the United States.
Connect with PhRMA
For information on how innovative medicines save lives, please visit:
www.PhRMA.org
www.VotersforCures.org
www.AmericasMedicines.com
www.Facebook.com/PhRMA
www.X.com/PhRMA
A new analysis from the Berkeley Research Group (BRG) reaffirms the need to look at the entire supply chain in order to solve patient affordability challenges. For the first time since BRG began tracking trends in pharmaceutical spending eight years ago, more than half of every $1 spent on brand medicines went to payers, middlemen, providers and other stakeholders in 2020. Here are three key findings from the report:
More Than Half of Every Dollar Spent on Medicines Goes to Someone Who Doesn’t Make Them image
Report
Cost and Value
More Than Half of Every Dollar Spent on Medicines Goes to Someone Who Doesn’t Make Them
More Than Half of Every Dollar Spent on Medicines Goes to Someone Who Doesn’t Make Them image