PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

PHARMAESSENTIA USA CORPORATION

PHARMAESSENTIA USA CORPORATION reported $6.3M in payments to physicians and teaching hospitals across 5,160 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for PHARMAESSENTIA USA CORPORATION. Ranked #221 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$6.3M

0.0% of all payments

Transactions

5,160

$1.2K avg

Recipients

4,725

$1.3K avg

Industry Rank

#221

of 1,797 companies

What the Data Shows for PHARMAESSENTIA USA CORPORATION

In Program Year 2024, PHARMAESSENTIA USA CORPORATION reported $6,256,064.12 in payments to 4,725 physicians and teaching hospitals across 5,160 individual transactions — an average of $1.2K per transaction and $1.3K per recipient. That total places PHARMAESSENTIA USA CORPORATION at rank #221 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for PHARMAESSENTIA USA CORPORATION spans 6 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Space Rental or Facility Fees" at $290.4K, accounting for 4.6% of the company's reported total and 37 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from PHARMAESSENTIA USA CORPORATION received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 4,725 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

PHARMAESSENTIA USA CORPORATION made 6 types of payments. "Space Rental or Facility Fees" accounts for 4.6%.

Space Rental or Facility Fees $290.4K

4.6% · 37 transactions

Consulting Fee $184.6K

3.0% · 56 transactions

Food and Beverage $118.5K

1.9% · 4,554 transactions

Compensation for Services Other Than Consulting $77.2K

1.2% · 37 transactions

Honoraria $30.6K

0.5% · 15 transactions

Travel and Lodging $13.1K

0.2% · 26 transactions

Payment Type Amount Transactions
Space Rental or Facility Fees $290.4K 37
Consulting Fee $184.6K 56
Food and Beverage $118.5K 4,554
Compensation for Services Other Than Consulting $77.2K 37
Honoraria $30.6K 15
Travel and Lodging $13.1K 26

Payment Size Analysis

Average transaction size: $1.2K. Average per recipient: $1.3K.

Total Amount

$6,256,064.12

Avg per Transaction

$1.2K

Avg per Recipient

$1.3K

Payment Transparency Context

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.3B

across 1,797 companies

PHARMAESSENTIA USA CORPORATION Share

0.0%

#221 by total payments

Frequently Asked Questions

How much did PHARMAESSENTIA USA CORPORATION pay to physicians and hospitals in 2024?
PHARMAESSENTIA USA CORPORATION made $6,256,064.12 in payments to physicians and hospitals in Program Year 2024, across 5,160 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from PHARMAESSENTIA USA CORPORATION?
PHARMAESSENTIA USA CORPORATION made payments to 4,725 physicians and teaching hospitals in 2024. The average payment per recipient was $1.3K.
What types of payments did PHARMAESSENTIA USA CORPORATION make?
PHARMAESSENTIA USA CORPORATION made 6 different types of payments. The largest category was "Space Rental or Facility Fees" at $290.4K, representing 4.6% of all payments.
How does PHARMAESSENTIA USA CORPORATION rank among pharmaceutical companies?
PHARMAESSENTIA USA CORPORATION ranks #221 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from PHARMAESSENTIA USA CORPORATION?
The average transaction from PHARMAESSENTIA USA CORPORATION was $1.2K in 2024. The company made 5,160 total transactions to 4,725 recipients.
Are the top recipients concentrated for PHARMAESSENTIA USA CORPORATION?
The top 5 recipients received $0.00 from PHARMAESSENTIA USA CORPORATION, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for PHARMAESSENTIA USA CORPORATION come from?
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.