drugmaker

[druhg-mey-ker]

noun

1. a person or company that manufactures pharmaceutical products.

Word History and Origins

Origin of drugmaker¹

First recorded in 1960–65; drug ¹ + maker

Example Sentences

The Swiss drugmaker is paying $72 a share cash for the San Diego-based biotech, about a 46% premium to Avidity’s closing price on Friday.

Read more on Barron's

Innovent Biologics 1801 -0.35%decrease; red down pointing triangle is teaming up with Japan’s Takeda 4502 0.51%increase; green up pointing triangle Pharmaceutical to work on cancer therapies, a deal that could net the Chinese drugmaker up to $11.4 billion.

Read more on The Wall Street Journal

The drugmaker will hold an extraordinary general meeting of shareholders on Nov. 14, to elect a slate of new board members nominated by the Novo Nordisk Foundation, led by Sørensen.

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It said Tuesday that the board of the Novo Nordisk Foundation—the nonprofit organization that owns voting control of the drugmaker—wanted a more extensive change.

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Three years later, he announced a $50-million contract with the nonprofit generic drugmaker Civica to produce insulin under the state’s own label.

Read more on Los Angeles Times