Pharmaceuticals Industry Description

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Top Pharmaceuticals Industry Description

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.

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