This industry is centered around the distribution of ethical drugs, as in those used for physician’s prescriptions or hospital order. Biotechnology drugs, biologics, and OTC are all included under the umbrella of ethical pharmaceuticals. OTC (or “over the counter”) drugs are drugs intended for self-medication that consumers can obtain in either the retail or the wholesale marketplace.

The pharmaceutical industry is a $400 billion industry, which presently employs some 3,000,000 people worldwide. It is an industry that sees a composite growth of 8-10% every year.

The major divisions of the industry are: cardiovascular, central nervous system, anti-infective, respiratory, analgesic, cancer, anti-ulcer, dermatological, diabetes, and vaccination.
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