May 01, 2016 6:12 PM ET

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Company Overview of Pharmaceutical Research and Manufacturers of America

Company Overview

Pharmaceutical Research and Manufacturers of America (PhRMA) represents the research-based pharmaceutical and biotechnology companies. The company advocates for public policies that encourage discovery of new medicines for patients by pharmaceutical and biotechnology research companies. Its members consist of 3M Pharmaceuticals, Berlex Laboratories, Inc., GE Healthcare, GlaxoSmithKline, Johnson & Johnson, Merck & Co., Inc., Millennium Pharmaceuticals, Inc., Novartis Pharmaceuticals Corporation, Wyeth, and Pfizer Inc. PhRMA was founded in 1958 and is based in Washington, DC.

950 F Street, NW

Suite 300

Washington, DC 20004

United States

Founded in 1958





Key Executives for Pharmaceutical Research and Manufacturers of America

Chief Executive Officer and President
Age: 64
President of International Section
Chief Medical Officer
Senior Vice President of External Affairs
Senior Vice President of Communications
Compensation as of Fiscal Year 2015.

Pharmaceutical Research and Manufacturers of America Key Developments

Pharmaceutical Research and Manufacturers of America Announces Executive Changes

Pharmaceutical Research and Manufacturers of America (PhRMA) announced that at the Board Meeting, new officers were elected to the board of directors. George A. Scangos, CEO, Biogen, was elected chairman of the PhRMA board. Joaquin Duato, worldwide chairman, pharmaceuticals, Johnson & Johnson was elected chairman-elect and Joseph Jimenez, CEO, Novartis AG assumed the role of board treasurer. Scangos formerly held the position of chairman-elect and succeeds Kenneth C. Frazier chairman and CEO of Merck & Co. Inc. as PhRMA board chairman. Dr. Scangos has served as CEO of Biogen since July 2010. He joined the company from Exelixis Inc. Joaquin Duato is a member of the board of trustees for the Save the Children.

Pharmaceutical Research and Manufacturers of America Announces Promotion of Eileen Cannon to President

Pharmaceutical Research and Manufacturers of America Foundation announced the promotion of Eileen Cannon to president of its Foundation. Cannon has played a central role in the Foundation's expansion during her tenure. Over the last several years, she has been instrumental in helping to implement new initiatives in regulatory science, comparative effectiveness research, translational medicine and safe and effective prescribing.

Pharmaceutical Research and Manufacturers of America Announces Executive Changes

Pharmaceutical Research and Manufacturers of America President and Chief Executive Officer John J. Castellani announced that Executive Vice President, Administration, and Chief Financial Officer Del Persinger will retire effective May 31, concluding 18-1/2 years leading the organization's finance and operations functions. Paul A. Aines, currently Chief Financial Officer and Senior Director of the American Society of Clinical Oncology (ASCO), will succeed Persinger. Aines will start at PhRMA on June 15. Persinger joined PhRMA in 1996 after 21 years at the American Petroleum Institute. He started his career as a refinery process engineer at Exxon Company.

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