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
To download the full report, click here.
There are proposals popping up nationwide that would require pharmaceutical manufacturers to submit reports to the government, public and private insurers, and pharmacy benefit managers (PBMs) relaying increases in the list price of a medicine prior to the price increase taking effect. While these proposals purport to be a way to lower prescription drug prices, the actual impact of advance price notifications could have serious unintended consequences.
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Report
Cost and Value
The Pharmaceutical Supply Chain and Impacts of Advance Price Notification
The Pharmaceutical Supply Chain and Impacts of Advance Price Notification image