A pharmaceutical company is a business dedicated to discovering, developing, producing, and marketing drugs or pharmaceutical products for medical use.
Related terms
Clinical Trial: A research study conducted on humans to evaluate the safety and effectiveness of new drugs or treatments.
FDA (Food and Drug Administration): The regulatory agency responsible for ensuring the safety and efficacy of pharmaceutical products before they can be marketed.
Placebo: An inactive substance given to participants in a study as part of the control group, often used to compare with the effects of an active treatment.