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We can define the pharmaceutical industry as the industry that discovers, develops, makes, and sells various licensed drugs and medicines that apply in the medication of distinct disorders or ailments (Laws.com, 2013). The pharmaceutical industry entails pharmaceutical companies that have the authority to deal with a wide variety of generic and brand drugs and medicines and medical devices (Laws.com, 2013). Subject to the significance of medical sector and the potential side effects and potential dangers associated with medicinal drugs produced in this industry, the federal government regulates the pharmaceutical industry (Laws.com, 2013). The ultimate goal of any company in the pharmaceutic...