Pharmaceuticals Industry Overview

Companies that research, develop, produce, and sell chemical or biological substances for medical or veterinary use, including prescription, generic and OTC drugs; vitamins and nutritional supplements; drug delivery systems and diagnostic substances; and related products, equipment, and services, including distribution and wholesale.

Summary

An ounce of prevention might be worth a pound of cure, but don't tell that to the pharmaceutical makers of the world. Global sales of prescription (including both branded and generic drugs) and over-the-counter (OTC) remedies top $600 billion annually.The US leads the world in pill popping, claiming both the largest market share and five of the ten largest druggernauts (Bristol-Myers Squibb, Johnson & Johnson, Merck & Co., Pfizer, and Abbott Laboratories).

Full Pharmaceuticals Industry Description

• Astellas Pharma Inc.
• AstraZeneca PLC
• Franz Haniel & Cie. GmbH

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Pharmaceuticals maps to a number of NAICS codes including:

Full Pharmaceuticals Industry Codes

• AAPS Pharmaceutica
  
• Academy of Managed Care Pharmacy
  
• American Pharmacists Association
  

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