noun
pharmaceutical industry; medicine industry
Refers to the business sector encompassing drug development, manufacturing, and sales. Often used in economic or regulatory contexts.
See also: 製薬業界
薬業界は厳しい規制の下で運営されている。
The pharmaceutical industry operates under strict regulations.
彼は薬業界で長年働いてきた。
He has worked in the pharmaceutical industry for many years.
Compound of 薬 (medicine) + 業界 (industry). The exact historical derivation is uncertain, but the term is a straightforward modern compound.