The pharmaceutical and biotech Industry continues to evolve and change on a seemingly daily basis. Depending on their size and strategy, pharma companies may conduct extensive research in-house, or they may seek to license promising drugs from academia, other pharma firms or biotechnology companies. Biotechnology seeks to duplicate or change the function of a living cell so it will work in a more predictable and controllable way. The biotechnology industry uses advances in genetics research to develop products for human diseases and conditions. This section includes news on pharmaceutical companies, mergers and acquisitions, drug development, export and import of drugs, legislation, advertising and influence.
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