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Pharma refers to the pharmaceutical industry. It is a global industry that is involved in the research, development, manufacturing, and marketing of drugs. The pharmaceutical industry is a highly regulated industry. The main aim of the pharmaceutical industry is to develop and market drugs that are safe and effective. Drugs that are developed by the pharmaceutical industry are subject to strict regulations. They are first tested on animals before they are tested on humans. Clinical trials are then conducted to test the safety and efficacy of the drugs.