How does globalization impact the U.S. pharmaceutical industry?

Answer Globalization refers to the process whereby the consumer dynamics of a particular industry are no longer localized and thus companies competition is at a global scale. The United States pharmaceuti... Read More »

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The Value of the Pharmaceutical Industry?

The pharmaceutical industry does three things for society. First, it discovers drugs for treating illness. Second, the pharmaceutical industry manufactures these drugs in a safe form. Third, the in... Read More »

How big is the pharmaceutical industry?

Global pharmaceutical sales in 2008 were $773 billion, whereas the corresponding figure for 2007 was $715 billion, as cited by Intercontinental Marketing Services. In 2001, global pharmaceutical sa... Read More »

What does API stand for in the pharmaceutical industry?

API, according to Drug Development-Technology, stands for Active Pharmaceutical Ingredients and is used to denote active chemicals used in the manufacturing process of drugs. Bulk Drug Substance is... Read More »

How does the fda work with the pharmaceutical industry?

U.S. Food and Drug Administration (FDA) officials play a vital role with regard to the pharmaceutical industry. The men and women in this federal agency are needed to ensure the safety of drug prod... Read More »