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The PhRMA Foundation is a 501(c)(3) nonprofit organization that 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, and value assessment and health outcomes research.


A healthier world where all people have access to innovative, life-changing medicines


  • 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.