The pharmaceutical industry entails the discovery, development, and manufacture of drugs and medications (pharmaceuticals) by public and private organizations.
A pharmaceutical is a substance used in the diagnosis, treatment, or prevention of disease and for restoring, correcting, or modifying organic functions.
The Sackler family formerly owned the pharmaceutical company Purdue Pharma, known for developing the highly addictive drug OxyContin. They gave up control of the company in 2025 as part of a settlement for their involvement in the opioid epidemic.
AstraZeneca is a British-Swedish biopharmaceutical company with medicine sales in more than 130 countries,...
Johnson & Johnson is the world’s second largest drug and biotechnology company by market capitalization, behind Eli Lilly (LLY) but ahead of other “big pharma” competitors such as AbbVie (ABBV), Novartis (NVS), and Merck (MRK). Once known for household products like Band-Aid and Tylenol, its consumer brands were split off into a separate company, Kenvue (KVUE), in 2023, so Johnson ...
Dilip Shanghvi (born , Amreli, Gujarat state, India) is an Indian business executive who was the founder (1983) of Sun Pharmaceutical Industries Ltd. The son of a wholesale drug distributor, Shanghvi launched Sun Pharma soon after graduating (1982) from the University of Calcutta with a bachelor’s degree in commerce. He assumed the post of managing director. Initially, the ...
Drug Prices In the United States, drug companies (also called pharmaceutical companies, the larger ones frequently dubbed “Big Pharma”) set prescription drug prices, which are largely unregulated by the federal government. Some drug companies will be familiar because their names have been attached to COVID-19 vaccines or other common products—Johnson & Johnson and Pfizer, for example ...