pharmaceutical company

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pharmaceutical company

A pharmaceutical company develops new medicines in its research laboratory.

Definition

Noun: A business organization engaged in the research, development, production, and marketing of medicinal drugs.

Usage

This term refers specifically to a commercial entity whose primary business is creating and selling pharmaceutical products, which are substances intended for use in medical diagnosis, cure, treatment, or prevention of disease.

Examples
  • The pharmaceutical company announced promising results from its latest clinical trial for a new cancer treatment.
  • Several major pharmaceutical companies are investing heavily in research for rare diseases.
  • Regulatory agencies closely monitor the safety practices of every pharmaceutical company.
Advanced Usage
  • "Big Pharma": An informal, often critical, collective term for the world's largest and most influential pharmaceutical companies.
    • The documentary examined the pricing strategies of Big Pharma.
Variants and Related Words
  • Drug company: A common synonym.
    • The merger created one of the world's largest drug companies.
  • Pharma (informal): A shortened form used in industry contexts.
    • He has worked in pharma for over twenty years.
  • Pharmaceutical firm: A formal synonym.
  • Biopharmaceutical company: A company that develops pharmaceuticals derived from biological sources.
Synonyms
  • Drug manufacturer
  • Pharma corporation
  • Medicinal products company
pharmaceutical company

A pharmaceutical company develops new medicines in its research laboratory.

Noun
  1. a company that makes and sells pharmaceuticals

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