The pharmaceutical industry today is one of the most successful industries today, encompassing hundreds of companies which discover, develop and sell drug products. These products are used by health professionals to prevent and cure some diseases and relieve symptoms of other ailments. Throughout the 20 century and especially from the 1940s onwards, members of the industry have discovered new drugs that cure previously incurable diseases, prevent disease that are epidemic in nature, reduce the frequency and length of hospital stays, and increase life expectancy. Today, not only do pharmaceutical products carry medical implications, but economic and political as well, making the industry more important than ever. This book takes a look at managerial aspects of pharmaceutical industry, considering the importance it carries today, the prospects it offers, the processes, principles and practices that entail it and the future of the industry itself. Giving an overall view of the field, the book can also be viewed as an introductory manual on the subject, and it is hoped that this erudition and insight of the book serves well for the readers.