noun
pharmaceutical industry
Refers to the business sector encompassing companies that research, develop, manufacture, and market drugs and medicines.
製薬業界は厳しい規制の下で新薬を開発している。
The pharmaceutical industry develops new drugs under strict regulations.
製薬会社 refers to a pharmaceutical company, while 製薬業界 refers to the entire industry sector.
Compound of 製薬 (manufacture of drugs) and 業界 (industry, business world).