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Pharmaceutical Industry

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ALSO CALLED: Pharmaceutical and Medicine Manufacturing Industry, Prescription Benefits Management, Pharmaceuticals Industry, Drug Companies, Health Services, Pharma Industry, Drug Discovery Industry
DEFINITION: This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing biological and medicinal products; (2) processing (i.e., grading, grinding, and milling) botanical drugs and herbs; (3) isolating active medicinal principals from botanical drugs and herbs; and (4) manufacturing pharmaceutical products intended for internal and external consumption in such forms  … 
Definition continues below.
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PHARMACEUTICAL INDUSTRY DEFINITION (continued): … This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing biological and medicinal products; (2) processing (i.e., grading, grinding, and milling) botanical drugs and herbs; (3) isolating active medicinal principals from botanical drugs and herbs; and (4) manufacturing pharmaceutical products intended for internal and external consumption in such forms as ampoules, tablets, capsules, vials, ointments, powders, solutions, and suspensions.Visit WhatIs.com - a knowledge exploration and self-education tool about information technology.

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