Question

Short notes on research and development in pharmaceutical industry

Answer 1

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The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medicationsto be administered (or self-administered) to patients to cure them, vaccinate them, or alleviate a symptom. Pharmaceutical companies may deal in generic or brandmedications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy and marketing of drugs.

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