Big Pharma

Brand Details

Type: Brand

Description: Big Pharma is a term used to refer to the world's largest publicly traded pharmaceutical companies. These companies are involved in the entire lifecycle of a drug, from research and development to marketing, sales, and distribution. They often have subsidiaries that manufacture medical devices as well. Big Pharma companies generate billions of dollars in revenue annually but have also faced billions of dollars in fines and settlements. While they contribute significantly to research and development in the pharmaceutical industry, criticism often focuses on high drug prices and perceived conflicts of interest.

Website: https://phrma.org