{"id":5689,"date":"2017-05-10T12:56:00","date_gmt":"2017-05-10T12:56:00","guid":{"rendered":"http:\/\/www.pharma-mkting.com\/phrma-gets-religion-purges-low-hanging\/"},"modified":"2019-02-21T01:14:36","modified_gmt":"2019-02-21T01:14:36","slug":"phrma-gets-religion-purges-low-hanging","status":"publish","type":"post","link":"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/phrma-gets-religion-purges-low-hanging\/","title":{"rendered":"PhRMA Gets Religion & Purges Low Hanging Fruit"},"content":{"rendered":"
\n<\/a><\/div>\n

PhRMA, the pharmaceutical industry’s primary lobbying group, announced changes to its membership structure that purged 22 companies of their membership or associate membership status.<\/p>\n

Now, to be a member of PhRMA, you have to spend at least $200 million per year spent on research and research expenditures must equal to at least 10% of global sales (click on “Read more >>” below for details).<\/p>\n

Back in January, John LaMattina (@John_LaMattina) former president of Pfizer Global R&ampD, writing in Forbes, suggested that big pharma companies secede from PhRMA.<\/p>\n

“I cannot help but wonder if the interests of the big companies would be better served if they split from PhRMA,” said LaMattina. \u201cThe formation of a new association would go a long way to create a separate identity for the truly big pharma companies. CEOs like Ken Frazier will readily be able to point out to the world who big pharma really is. It would also bring accountability to the industry and demonstrate its commitment to not just being successful\u2013but also doing good.\u201d<\/p>\n

Perhaps to forestall such a secession or perhaps to appease president Trump — who accused the drug industry of “getting away with murder” — PhRMA ousted small pharma members who are shouldering most of the blame for drug price increases. Meanwhile, Pfizer — the largest of the Big Pharma companies — won’t commit to keeping a lid on the prices IT charges for drugs (read “Ian Read \u2013 Bean Counter Pfizer CEO \u2013 Won\u2019t Commit to Keep a Lid on Drug Price Increases<\/a>“).<\/p>\n

<\/a><\/p>\n

\n@PhRMA Ousts Marathon #pharma et al to Appease Trump & His Campaign Promises<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

PhRMA, the pharmaceutical industry’s primary lobbying group, announced changes to its membership structure that purged 22 companies of their membership or associate membership status. Now, to be a member of PhRMA, you have to spend at least $200 million per year spent on research and research expenditures must equal to at least 10% of global […]<\/p>\n","protected":false},"author":2,"featured_media":12356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[104,108,87],"topic":[],"acf":[],"yoast_head":"\nPhRMA Gets Religion & Purges Low Hanging Fruit - Pharma Marketing Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/phrma-gets-religion-purges-low-hanging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PhRMA Gets Religion & Purges Low Hanging Fruit - Pharma Marketing Network\" \/>\n<meta property=\"og:description\" content=\"PhRMA, the pharmaceutical industry’s primary lobbying group, announced changes to its membership structure that purged 22 companies of their membership or associate membership status. 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