The pharmaceutical industry is a sector that focuses on the research, development, and production of medications. Companies in this industry create drugs that help treat various illnesses and improve health. They invest significant resources in discovering new treatments and ensuring that these medications are safe and effective for patients. This industry plays a crucial role in public health, as it provides essential medicines for conditions like diabetes, heart disease, and cancer. Regulatory bodies, such as the Food and Drug Administration (FDA), oversee the approval process to ensure that new drugs meet strict safety standards before they reach the market.