Mission
The PhRMA Foundation fosters biopharmaceutical innovation and value-driven health care by investing in the frontiers of research. The Foundation catalyzes the careers of promising researchers through competitive, peer-reviewed grants and fellowships in the fields of drug delivery, drug discovery, translational medicine, health outcomes research and value assessment.
Since its founding in 1965, the Foundation has awarded more than $110 million to over 2,700 researchers from diverse backgrounds at more than 300 institutions.
Vision
A healthier world where all people have access to innovative, life-changing medicines
Values
- Integrity — We strive to be scientifically independent and evidence-based in our decision-making.
- Innovation — We invest in cutting-edge research and ideas that will improve patient health.
- Collaboration — We support collaborative research efforts that are diverse and inclusive.
Leadership
The PhRMA Foundation Board of Directors, Advisory Committee and staff work closely together to implement the Foundation’s vision and strategic goals.