Author: Omkar Ghorpade
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PESTEL Analysis of the U.S. Pharmacy Sector
America’s pharmacy journey runs from informal colonial dispensaries to a highly regulated, innovation-heavy industry. The establishment of the United States Pharmacopeia (USP) in 1820 standardized drug quality; the Philadelphia College of Pharmacy (1821) professionalized the field; the Pure Food and Drugs Act of 1906 and the modern U.S. Food & Drug Administration cemented federal oversight.…