Founded in 1977, PMSA is a not-for-profit organization whose mission focuses on collaboration and education. Since its inception, PMSA has held an annual conference during which professionals in pharma and biotech analytics (manufacturers and consultants alike) come together to discuss analytical methods and best practices for applying prescriber, institution, payer, patient level, and other emerging data resources to help companies make data-driven, strategic decisions that bring value to the bottom line.

The mission of the Pharmaceutical Management Science Association not-for-profit organization is to efficiently meet society's pharmaceutical needs through the use of management science.