What It Scores
PHARM is a valid word in the tournament list this site uses. Tile values only, before any premium square: 12 in Scrabble and 13 in Words With Friends. The letters break down as P3 H4 A1 R1 M3.
Words Made From The Letters In PHARM
23 shorter words come out of these tiles. On a board that matters more than the long play, because a short word on a premium square often beats a long one on plain squares.
4 letter words (4)
3 letter words (12)
2 letter words (7)
Longer Words Containing PHARM
PHARM appears inside each of these, which is what makes it worth knowing as a hook.
Next: the Word Unscrambler for any letters at all. Full entry and definition at Merriam-Webster.