Putting The 'Big' Back In PhRMA: New Membership Criteria Pares Ranks

PhRMA eliminates 42% of members in conjunction with new membership eligibility criteria stipulating minimum R&D investment levels.

The Pharmaceutical Research and Manufacturers of America has eliminated 22 companies from its membership, or about 42%, as part of an effort to refocus its constituency on research-based biopharmaceutical firms.

Under revised membership eligibility criteria approved by the board and announced May 9, companies joining PhRMA must have a three-year average global R&D-to-global sales ratio of 10% or greater and

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