The pharmaceutical industry, commonly known as pharma, plays a crucial role in healthcare by researching, developing, manufacturing, and distributing medications and medical products. Pharmaceutical companies are responsible for discovering and testing new drugs to treat various medical conditions and improve patient outcomes. The industry is regulated to ensure safety, efficacy, and quality of medications. Over the years, pharma has made significant advancements in medical research and innovation, leading to breakthrough treatments and therapies. The pharmaceutical sector continues to evolve, incorporating technology and data-driven approaches to enhance drug development processes and personalized medicine. The pharma industry is a critical pillar of modern healthcare, contributing to global public health and well-being.
