NonprofitsPharmaceutical Research And Manufacturers Of America

Pharmaceutical Research And Manufacturers Of America

WASHINGTON, DC

Total revenue

$521.3M

Total expenses

$578.3M

Net assets

$158.5M

Grants received

EIN

530241211

Tax year

2024

Mission

Phrma's mission is to conduct effective advocacy for public policies that encourage the discovery of important new medicines for patients by biopharmaceutical research companies.

Programs

2 programs

Member services: in representing the country's leading pharmaceutical research and biotechnology companies, phrma provides a forum for member companies to participate in discussions of relevant health care issues and to develop consensus positions on matters of public policy advocacy. Member companies participate in phrma activities through representation on the board of directors, board-level committees, staff work groups, sections, and task forces. Member company representatives also regularly communicate with phrma staff.

General education about biopharmaceutical industry: phrma disseminates information about biopharmaceutical companies, their products, and their business, scientific and philanthropic activities through a wide range of channels, including profiles, reports, principles, guidelines, fact sheets, policy papers and other resources. These efforts bolster phrma's ability to educate and inform members of the general public as well as policymakers, the media, patients and others in the health care community about the biopharmaceutical industry and phrma's public policy activities in particular.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$508.0M
Investment income$11.9M
Other revenue$387K
Total revenue$521.3M

Expenses

Grants paid$43.3M
Salaries & benefits$113.0M
Fundraising
Other expenses$422.0M
Total expenses$578.3M
Total assets$349.0M
Net assets$158.5M

People

50 listed

NameRoleCompensation

Stephen J Ubl

President & CEO

Board

$5.9M

37.5 hrs/wk

James C Stansel

General Counsel & EVP Law, Secretary

Board

$1.8M

37.5 hrs/wk

Tracey Merchant

CFO & EVP, Administration

Board

$1.3M

37.5 hrs/wk

Emma Walmsley

DIRECTOR

Board

2 hrs/wk

Herve J Hoppenot

DIRECTOR

Board

2 hrs/wk

Jean-Christophe Tellier MD

DIRECTOR

Board

2 hrs/wk

Jean-Michel Boers

DIRECTOR

Board

2 hrs/wk

Jennifer Taubert

DIRECTOR

Board

2 hrs/wk

Julie Kim

DIRECTOR

Board

2 hrs/wk

Ken Keller

DIRECTOR

Board

2 hrs/wk

KEVIN C GORMAN PhD

DIRECTOR (THRU 09/24)

Board

2 hrs/wk

Kyle Gano PHD

DIRECTOR (AS OF 10/24)

Board

2 hrs/wk

MARK REISENAUER

DIRECTOR (THRU 04/24)

Board

2 hrs/wk

Michael Petroutsas

DIRECTOR (AS OF 02/24)

Board

2 hrs/wk

MYRTLE POTTER

DIRECTOR (THRU 03/24)

Board

2 hrs/wk

Richard F Pops

DIRECTOR

Board

2 hrs/wk

Robert A Bradway

DIRECTOR

Board

2 hrs/wk

Robert M Davis

DIRECTOR

Board

2 hrs/wk

Albert Bourla PHD

VICE CHAIR

Board

2 hrs/wk

Tarek Rabah

DIRECTOR

Board

2 hrs/wk

Tatsuyki Yasuno

DIRECTOR

Board

2 hrs/wk

Thomas Gibbs

DIRECTOR

Board

2 hrs/wk

Vasant Vas Narasimhan MD

DIRECTOR

Board

2 hrs/wk

Sebastian Guth PHD

DIRECTOR

Board

2 hrs/wk

Daniel O' Day

CHAIR

Board

2 hrs/wk

Paul Hudson

TREASURER

Board

2 hrs/wk

Alexander Hardy

DIRECTOR

Board

2 hrs/wk

ANTHONY MANCINI

DIRECTOR (THRU 08/24)

Board

2 hrs/wk

Ashley Magargee

DIRECTOR

Board

2 hrs/wk

Barry Greene

DIRECTOR

Board

2 hrs/wk

Bob Lojewski

DIRECTOR

Board

2 hrs/wk

Brad Bailey

DIRECTOR (AS OF 08/24)

Board

2 hrs/wk

Chris Boerner PHD

DIRECTOR

Board

2 hrs/wk

Chris ROUND

DIRECTOR (THRU 12/24)

Board

2 hrs/wk

Chris Viehbacher

DIRECTOR

Board

2 hrs/wk

David Loew

DIRECTOR

Board

2 hrs/wk

David Ricks

DIRECTOR

Board

2 hrs/wk

DOUGLAS L LANGA

DIRECTOR (THRU 12/24)

Board

2 hrs/wk

Lori Reilly

COO

Staff

$2.5M

37.5 hrs/wk

Anne Pritchett

SVP, Policy/Research

Staff

$2.1M

37.5 hrs/wk

Jennifer Bryant

EVP, Policy/Research

Staff

$1.9M

37.5 hrs/wk

Scott LaGanga

EVP, State Advocacy

Staff

$1.2M

37.5 hrs/wk

Robert Zirkelbach II

EVP, Public Affairs

Staff

$1.2M

37.5 hrs/wk

Michael Woody

SVP, Federal Advocacy

Staff

$1.2M

37.5 hrs/wk

Shannon Monsif

EVP, Alliance

Staff

$1.1M

37.5 hrs/wk

Elizabeth Carpenter

EVP, Policy/Research

Staff

$1.1M

37.5 hrs/wk

Jay Taylor

EVP, International

Staff

$990K

37.5 hrs/wk

Kenneth K McKay IV

SVP, State Advocacy

Staff

$936K

37.5 hrs/wk

Steven Tilton

EVP, Federal Advocacy

Staff

$920K

37.5 hrs/wk

Renuka Iyer

EVP, Human Resources

Staff

$652K

37.5 hrs/wk

Independent contractors

Locust Street Solutions LLC

ADVOCACY CONSULTING

$6.9M

LATHAM & WATKINS LLP

LEGAL CONSULTING

$5.7M

ARNOLD & PORTER KAYE SCHOLER LLP

LEGAL CONSULTING

$4.3M

COVINGTON & BURLING LLP

LEGAL CONSULTING

$4.0M

PURPLE STRATEGIES LLC

COMMS STRATEGY

$3.7M

Details

EIN530241211
Subsection06
Ruling date1959-02
Formed1958
Employees300
Volunteers3789
PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA — Mission, Financials & Grants Received | Grantivo