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Pharmaceutical industry | Definition, Overview, History ...
The pharmaceutical industry entails the discovery, development, and manufacture of drugs and medications (pharmaceuticals) by public and private organizations.
Description, Types, Preparation, & Facts - Britannica
A pharmaceutical is a substance used in the diagnosis, treatment, or prevention of disease and for restoring, correcting, or modifying organic functions.
Sackler family | Brothers, OxyContin, Purdue Pharma, Opioid Epidemic ...
The Sackler family formerly owned the pharmaceutical company Purdue Pharma, known for developing the highly addictive drug OxyContin. They gave up control of the company in 2025 as part of a settlement for their involvement in the opioid epidemic.
Pharmaceuticals, Vaccines, & Facts - Britannica Money
Like most “big pharma” companies, AstraZeneca’s future depends on its ability to: Maintain a pipeline of new and improved treatments in order to manage its revenue streams as patents for its key drugs expire. The company has upped its R&D spending in recent years, spending nearly $11 billion in 2023 on its pipeline of over 150 projects.
Dilip Shanghvi | Biography & Facts | Britannica Money
The son of a wholesale drug distributor, Shanghvi launched Sun Pharma soon after graduating (1982) from the University of Calcutta with a bachelor’s degree in commerce.
Prescription Drug Costs - Encyclopedia Britannica
There are many other free market options that Big Pharma would probably support that would boost supplies of drugs and improve access to them. Chief among them is getting more drugs available over the counter.
Pharmacy | Drug Compounding & Dispensing, Pharmaceutical Science ...
Pharmacy, the science and art concerned with the preparation and standardization of drugs. Its scope includes the cultivation of plants that are used as drugs, the synthesis of chemical compounds of medicinal value, and the analysis of medicinal agents. Pharmacists are responsible for the
Johnson & Johnson | History, Products, & Controversies - Britannica Money
Johnson & Johnson is the world’s second largest drug and biotechnology company by market capitalization, behind Eli Lilly (LLY) but ahead of other “big pharma” competitors such as AbbVie (ABBV), Novartis (NVS), and Merck (MRK).
The Opioid Crisis | Britannica
Sackler family, American family, former owners of the pharmaceutical company Purdue Pharma. Although the family is well known...
McKinsey & Company | Consulting, Controversy, & Facts | Britannica
The company also worked with Purdue Pharma, the maker of OxyContin, throughout the opioid crisis. Sales of the drug had been declining, so McKinsey wrote proposals with the goal to “turbocharge” its sales, ultimately making about $86 million for consulting for Purdue.
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