The pharmaceutical industry is an important component of health care systems throughout the world. It is comprised of many public and private organizations that discover, develop, manufacture and market medicines for human and animal health.
The pharmaceutical industry is based primarily upon the scientific research and development (R&D) of medicines that prevent or treat diseases and disorders. Drug substances exhibit a wide range of pharmacological activity and toxicological properties. Modern scientific and technological advances are accelerating the discovery and development of innovative pharmaceuticals with improved therapeutic activity and reduced side effects.
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