Definition, Meaning & Synonyms

pharma

noun

/ˈfɑːrmə/

Definition

Pharma is a shorthand term for the pharmaceutical industry, encompassing companies and organizations that research, develop, produce, and market medications and medical products.

Examples

Pharma companies invest billions of dollars each year in research and development.
The pharma sector plays a crucial role in the healthcare industry.
Due to regulatory requirements, pharma products must undergo rigorous testing before approval.