Lyfjafyrirtæki
Lyfjafyrirtæki is the Icelandic term for a pharmaceutical company. These companies are involved in the discovery, development, manufacturing, and marketing of drugs and medicines. Their primary goal is to improve human and animal health by creating treatments for diseases and conditions.
The process for a pharmaceutical company to bring a new drug to market is long and rigorous.
Regulatory bodies, such as the Food and Drug Administration (FDA) in the United States or the European
Lyfjafyrirtæki play a crucial role in public health by providing access to essential medicines and driving