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The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate symptoms. Pharmaceutical companies may deal in generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy and marketing of drugs. The global pharmaceuticals market produced treatments worth $1,228. 45 billion in 2020 and showed a compound annual growth rate (CAGR) of 1. 8%.
There is no general agreement either on what geographic area constitutes Central Europe, nor on how to further subdivide it geographically. At times, the term "Central Europe" denotes a geographic definition as the Danube region in the heart of the continent, including the language and culture areas which are today included in the states of Croatia, the Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and usually also Austria and Germany, but never Russia and other countries of the former Soviet Union towards the Ural mountains. Depending on context, Central European countries are sometimes grouped as Eastern or Western European countries, collectively or individually but some place them in Eastern Europe instead for instance Austria can be referred to as Central European, as well as Eastern European or Western European and Slovenia can sometimes be placed in either Southeastern or Eastern Europe. The 15 countries comprising this subregion are Austria, Belgium, the Czech Republic, Denmark, France, Germany, Hungary, Ireland, Liechtenstein, Luxembourg, the Netherlands, Poland, Slovakia, Switzerland and the United Kingdom.