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        <ExplanationTxt>| Explanation:| The Pharmaceutical Human Resources Association PHRA is a professional association of companies represented by compensation and benefits human resources executives that exists to improve and serve the compensation and benefits human resources professionals in the pharmaceutical and biopharmaceutical industries.</ExplanationTxt>
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        <ExplanationTxt>| Explanation:| The PHRA has held its annual meeting for the association and meets for it's sub-committees to discuss trends and best practices relating to compensation and benefits in the pharmaceutical and biopharmaceutical industries. These meetings include presentations by outside groups and internal discussions.</ExplanationTxt>
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        <ExplanationTxt>| Explanation:| The PHRA has also conducted ad hoc surveys and individual companies have responded to PHRA sponsored annual studies to educate the association's members on trends and best practices in the pharmaceutical and biopharmaceutical industries.</ExplanationTxt>
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