The pharmaceutical industry plays a significant role in developing vaccines and medications for prevention and reduction in disease incidence, treatment of ailments and enhancement in quality of life by contributing to innovative research and engaging in technological advancements to meet the complex healthcare demands of the population. The main goal of this industry is to provide drugs to maintain health or prevent infections and cure diseases affecting the global population. The pharmaceutical industry within the healthcare sector comprises of different subfields of development, manufacturing or production and marketing of medications by drug manufacturers or marketers and biotechnology companies. The discovery, development, production and marketing of pharmaceutical drugs or vaccines as medications administered to patients aims to prevent, cure or alleviate the symptoms of different diseases. Health supplements reduce the chance of getting sick and meet daily nutritional requirement of vitamins and minerals.

Industry Reports