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We Get Closer Every Day.<br />
PhRMA salutes the participants of the Killebrew-Thompson Memorial Golf<br />
Tournament. Our companies share your important goal: finding a cure for cancer<br />
and leukemia. They are investing in innovative medicines that improve and extend<br />
the lives of millions. In 2013, PhRMA member companies invested $51.1 billion in<br />
developing innovative new medicines to treat and cure diseases, including over<br />
240 innovative new medicines to treat blood cancers and leukemia. Combine this<br />
with our commitment to promoting jobs and strengthening the U.S. economy —<br />
that’s how we’re working to go from hope to cures.<br />
10 to 15 years<br />
400+<br />
$1.2 billion<br />
5,000+<br />
4 million jobs*<br />
VITAL FACTS<br />
Time to develop a drug<br />
Drugs and biologics approved (2000-2012)<br />
Cost to develop a drug<br />
Medicines in Development (2012)<br />
Economic impact<br />
*Direct, indirect, and induced jobs