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$500 Billion in New U.S. Biopharmaceutical Investment

PhRMA member companies are investing to fuel innovation and bring new jobs to communities across America. Our new investments will deliver a $1.2 trillion boost to the U.S. economy.

COME SEE HOW
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Where’s the Drug Dollar Going?

Our current system is inefficient and costs Americans more than it should due to unnecessary bureaucracy. In fact, half of every dollar goes to someone who did not make the medicine.

Follow the Dollar

A New Era of Biopharmaceutical Innovation

The biopharmaceutical industry is on the brink of unprecedented breakthroughs, with the potential to revolutionize health care, reduce the burden of disease and create a healthier future for all.

DOWNLOAD THE INNOVATION REPORT

Our Work in Action

To maintain America’s global leadership, we need to support the next generation of innovation in medicine.

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A group of people stands in front of a modern office building at a construction site, posing behind a row of shovels and white hard hats on a mound of dirt, with Gilead logos visible on the signs in front.

Gilead Boosts U.S. Manufacturing Capacity to Advance Next-Generation Biologics

Gilead’s new Bay Area facility is supporting the American workforce while underscoring its commitment to strengthening U.S. biopharmaceutical leadership.

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A large modern industrial building with a white roof, red accents, and glass windows is surrounded by parked cars, trees, and landscaping. The setting appears to be a business or manufacturing facility.

Astellas Strengthens Manufacturing in America to Fuel Gene Therapy Innovation

Astellas opened a state-of-the-art gene therapy manufacturing facility in Sanford, North Carolina, advancing innovation for rare diseases with no or minimal treatment options and strengthening the world-leading U.S. biopharmaceutical manufacturing ecosystem.

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A modern building with "RayzeBio" signage, large windows, a blue accent, landscaped grounds, and an American flag flying on a flagpole in front.

Bristol Myers Squibb Expands U.S. Manufacturing Presence to Advance Cancer Innovation

Bristol Myers Squibb opened a first-of-its-kind radiopharmaceutical manufacturing facility in Indianapolis, Indiana, bringing significant investment and high-skilled job opportunities to the region.

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A large, modern white building with the Amgen logo on the exterior, surrounded by green grass and paved walkways, under a clear blue sky.

Amgen Drives U.S. Manufacturing Leadership

Amgen is at the forefront of innovation, developing medicines to solve some of the world’s toughest diseases and paving the way to bring next-generation therapies to patients.

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AstraZeneca Invests in the U.S. to Power the Future of Cell Therapy

AstraZeneca’s investment in Maryland creates high-quality jobs and advances next-generation cancer treatments.

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A person stands on stage beside a large screen displaying a map outline of North Carolina, labeled boldly in red with the words "NORTH CAROLINA.

Driving Economic Growth and Opportunity in North Carolina

The biopharmaceutical industry supports millions of jobs and generates significant economic growth in communities across America.

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