Recent Examples on the WebEnergy companies, big industries, big pharma and the like are the ones pushing this agenda of the Court. Richard Schiffman, Scientific American, 8 July 2022 The argument goes that biotech has become so cheap that big pharma—staring down a patent cliff and armed with hundreds of billions of dollars of dry powder for acquisitions—will come to the rescue. David Wainer, WSJ, 30 June 2022 If nothing is passed by the time the Senate goes into recess in August, investors will start feeling more comfortable upping their pharma and biotech bets in anticipation of a poor showing for Democrats in the fall. David Wainer, WSJ, 17 June 2022 Citizens of rich countries are the primary market for pharmaceutical companies, and covid-19 vaccines helped big pharma improve its reputation. Annalisa Merelli, Quartz, 28 Apr. 2022 Rosiglitazone has already been approved by the Food and Drug Administration and is sold under the name Avandia by U.K. pharma giant GlaxoSmithKline. Jonathan Wosen, STAT, 4 Apr. 2022 Dopesick takes a look at America's opioid crisis through the lens of addicts and big pharma. Olivia Jakiel, PEOPLE.com, 27 Feb. 2022 As the pandemic began last year, Soriot, 61, was the hottest CEO in big pharma. Nathan Vardi, Forbes, 19 Mar. 2021 However, a couple years later, the whole venture got shut down by that large pharma acquirer. Diana Tsai, Forbes, 29 Oct. 2021 See More
Word History
Etymology
short for pharmaceutical
First Known Use
1992, in the meaning defined above
Medical Definition
pharma
noun
phar·ma ˈfär-mə
: a pharmaceutical company
But the rate at which pharmas have grown in size pales beside the acceleration of relevant scientific knowledge during the same period.Science
also: large pharmaceutical companies as a group
Another issue pharma will face is an even more cost-conscious consumer as a result of insurers continuing to pass on additional costs to their members. Shaun Urban, Medical Marketing and Media
The Medicare prescription drug benefit enacted in 2003, and scheduled to go into effect in 2006, promises a windfall for big pharma since it forbids the government from negotiating prices. Marcia Angell, The New York Review of Books