The pharmaceutical sector of the chemical industry involves the manufacture of (1) uncompounded medicinal compounds and (2) pharmaceutical formulations (tablets, ointments, etc.) that can be administered as doses. As with the fertilizer product sector, the significance of this sector goes beyond the mere monetary value to the economy. Pharmaceutical products are generally produced in much smaller quantities than other products previously described. However, these are value-added products that command a substantially higher price. The products also have a much more complex structure than the simple chemicals discussed earlier.
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