drug company
noun[C]
ukusCOMMERCE,PRODUCTION(alsodrug maker)
acompanythatmanufacturesandsellsmedicines:
Pfizer wastradingon a price-earningsratioof around 46, highevenfor adrugcompany.
For adrugmaker,failuretowinregulatoryapprovalfor animportantnewdrugcan be adisaster.