Is The Industry Doing Well?

1063 Words5 Pages
Is the industry doing well? Are you optimistic about its future?
This Pharmaceutical industry encompasses corporations that manufacture biological, medicinal and pharmaceutical products in several methods including tablets, vials, lotions, concentrates and suspensions. The general pharmaceutical market can be divided into prescription-based products and over-the-counter medications. The pharmaceutical products are primarily dispersed via wholesalers, and are then sold through pharmacies or dispensed in hospitals. The pharmaceutical industry is today one of the most lucrative and prominent world business sectors. It consists of numerous public and private organizations dedicated to the detection, development, creation and marketing of medicines for human and animal health. Its foundation is the research and development for medicinal chemicals to prevent or treat innumerable diseases and disarrays. The pharmaceutical industry mainstream of production corresponds to vaccines. Most pharmaceutical companies experience international character and maintain subsidiaries in several nations. The pharmaceutical sector is technologically advanced, which gives employment to many college graduates with MBA degrees, biologists, biochemists, chemists, pharmacists, and physicians. These professionals perfom in the functional regions of production, quality control, research and development, marketing, human resources, and general administration. The majority of jobs within the
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