Usually means: Develops, produces, and markets drugs.
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We found 6 dictionaries that define the word pharmaceutical industry:

General (3 matching dictionaries)
  1. pharmaceutical-industry: Wordnik
  2. Pharmaceutical Industry, Pharmaceutical industry: Wikipedia, the Free Encyclopedia
  3. Pharmaceutical industry: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. pharmaceutical industry: Encyclopedia

Medicine (2 matching dictionaries)
  1. Pharmaceutical industry, Pharmaceutical industry: Medical dictionary

Definitions from Wikipedia (Pharmaceutical industry)

noun:  The pharmaceutical industry is an industry involved in medicine that discovers, develops, produces, and markets pharmaceutical goods for use as drugs which are then administered to (or self-administered by) patients.

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