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0 Introduction & Background Analysis:

The pharmaceutical sector has many participants and products, making it both confounded
and dynamic. Research and development, production, and sales and marketing make up the
three essential parts of the business. The Research and development area creates novel
pharmaceuticals, while the industrial segment produces and conveys the medications. The
sales and marketing segment is responsible for advancing and selling pharmaceuticals.
The pharmaceutical industry, or pharma, will have worldwide sales of more than $1,482
billion in 2022 and is one of the fastest-growing economic sectors. Approximately 45% of
sales in 2022 will be from North America. From 2000 to 2022, the profitability of large
pharmaceutical companies was significantly greater than other large public companies. Still,
the difference could have been more pronounced when considering company size, year, or
research and development expense. Data on the profitability of large pharmaceutical
companies may be relevant to formulating evidence-based policies to make medicines more
affordable.