Founded in 1988, China Pharmaceutical Innovation and Research Development Association (PhIRDA) is registered as a non-profit organization by the Ministry of Civil Affairs of China at national level.

Formerly named China Pharmaceutical Industry Research and Development Association, the association was approved to rename into PhIRDA by the Ministry of Civil Affairs on October 23, 2014. PhIRDA will exert great effort on “academia-industry collaboration”, which centers on the principle of “innovation, industrialization, internationalization”, persists in innovation to achieve unmet clinical requirements. At current stage, PhIRDA has 135 members, mainly consisting of six major categories: first, top leading pharmaceutical enterprises focusing on innovation of pharmaceutical products in China, second, start-up and R&D enterprises focusing on innovation of pharmaceutical products; third, institutions focusing on pharmaceutical innovation research and development services; fourth, domestic first-class universities, colleges and research institutions conducting pharmaceutical research and development; fifth, clinical institutions featuring high skills in applicable research on new drugs; sixth, financial and investment institutions committing to pharmaceutical innovation. Moreover, PhIRDA has established the following Specialty Committees: Drug R&D, Clinical Research, Medicinal Policy, Pharmaceutical Innovation Investment and Innovation R&D Services, Ethics and Business Compliance, Clinical Research on Cardiovascular Drugs, Clinical Research on Cranial Nerve Drugs, Clinical Research on Oncology Drugs etc., in order to form a fully functional organization structure focusing on innovation, aiming to promote the development of innovation, covering the whole industrial chain, including drug R&D, manufacturing, using, investment and capital market. PhIRDA is also a member of International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) to continuously broaden channels of international collaboration.

Major work of PhIRDA includes: first, to conduct policy researches, propose valuable suggestions on healthcare reform and the development of pharmaceutical industry; second, to promote communication and innovative development of our members and even the whole pharmaceutical industry through forums, press-conferences, summits, etc.; third, to make efforts to establish an international exchange platform for our members through cooperation with foreign embassies and foreign associations to stimulate comprehensive communication between China and foreign countries in pharmaceutical field; fourth, to practice the guiding spirits of national innovation-driven development strategy, to broaden the investment and financing channels of pharmaceutical innovation, to build the cooperation platform for our members, and to promote social capitals to pay more attention on investment in innovative projects of start-up and R&D enterprises to create a more attractive environment of pharmaceutical innovation and investment; fifth, to improve the website and WeChat official account of PhIRDA and provide collecting, arranging, revising service of pharmaceutical information, which includes the following internal e-magazines such as the daily Pharmaceutical Information Brief, the weekly International Pharmaceutical Development Tendency and Research Information Brief.

PhIRDA will center on our principle, continuously expand services, build a bridge between the government and our members, maintain legitimate rights and interests of members, strengthen self-discipline, promote healthy development of Chinese pharmaceutical industry, making constant contributions to the greater economic development of the country and public health.