Pharmaceutical & Medicine Manufacturing
Key Figures
Figures are published for NAICS 32541 directly.
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Official definition
This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing biological and medicinal products; (2) processing (i.e., grading, grinding, and milling) botanical drugs and herbs; (3) isolating active medicinal principals from botanical drugs and herbs; and (4) manufacturing pharmaceutical products intended for internal and external consumption in such forms as ampoules, tablets, capsules, vials, ointments, powders, solutions, and suspensions.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Pharmaceutical and Medicine Manufacturing covers establishments that transform botanical materials into medicinal products through processing and isolation, or that manufacture finished pharmaceutical preparations in standard dosage forms like tablets, capsules, and solutions intended for human consumption. The boundary separates this industry from Basic Chemical Manufacturing, which produces separate chemical elements or chemically-defined compounds without further formulation into medicinal products, and from Soap, Cleaning Compound, and Toilet Preparation Manufacturing, which prepares and compounds toiletries and personal care items rather than medicines intended for therapeutic use.