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Hoover's is Beta Testing our Industries section.
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Companies that research, develop, produce, market, and sell chemical or biological substances for medical or veterinary use, including prescription, generic, and OTC drugs; vitamins and nutritional supplements; diagnostic substances; and drug delivery systems.
Much of the basic scientific research that underpins the drug industry was and is conducted in universities with public funding. But financial incentives have encouraged more research done by small companies spun off from universities when research reaches the stage of practical application.
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 Manufacturers maps to a number of NAICS codes including:
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Pharmaceuticals Manufacturers industry.