Pharmaceutical Research and Manufacturers of America

The Pharmaceutical Research and Manufacturers of America (PhRMA) is a trade organization that represents the pharmaceutical industry, while drug pricing…

Overview

The Pharmaceutical Research and Manufacturers of America (PhRMA) is a trade organization that represents the pharmaceutical industry, while drug pricing refers to the cost of prescription medications. This comparison will explore the relationship between PhRMA and drug pricing, including the factors that influence pricing, the impact of PhRMA on the industry, and the controversies surrounding drug pricing.