NAICS Code 541715-06 - Pharmaceutical Research Laboratories

Marketing Level - NAICS 8-Digit

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NAICS Code 541715-06 Description (8-Digit)

Pharmaceutical Research Laboratories are companies that conduct research and development activities related to the creation of new drugs and medicines. These laboratories are responsible for discovering and developing new drugs, testing their safety and efficacy, and obtaining regulatory approval for their use. The work of pharmaceutical research laboratories is critical to the healthcare industry, as it leads to the development of new treatments for a range of diseases and conditions.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541715 page

Tools

Tools commonly used in the Pharmaceutical Research Laboratories industry for day-to-day tasks and operations.

  • High-performance liquid chromatography (HPLC)
  • Mass spectrometry (MS)
  • Nuclear magnetic resonance (NMR) spectroscopy
  • Gas chromatography (GC)
  • Infrared (IR) spectroscopy
  • Ultraviolet-visible (UV-Vis) spectroscopy
  • X-ray crystallography
  • Differential scanning calorimetry (DSC)
  • Dynamic light scattering (DLS)
  • Surface plasmon resonance (SPR)
  • Isothermal titration calorimetry (ITC)
  • Circular dichroism (CD) spectroscopy
  • Fluorescence spectroscopy
  • Electrophoresis
  • Polymerase chain reaction (PCR)
  • Microarray technology
  • Next-generation sequencing (NGS)
  • Cell culture systems
  • Animal models

Industry Examples of Pharmaceutical Research Laboratories

Common products and services typical of NAICS Code 541715-06, illustrating the main business activities and contributions to the market.

  • Drug discovery
  • Preclinical research
  • Clinical trials
  • Pharmacology
  • Toxicology
  • Formulation development
  • Analytical testing
  • Quality control
  • Regulatory affairs
  • Medical writing

History

A concise historical narrative of NAICS Code 541715-06 covering global milestones and recent developments within the United States.

  • The Pharmaceutical Research Laboratories industry has a long and rich history dating back to the 19th century. In 1856, William R. Warner founded Warner & Company, which later became Warner-Lambert, one of the largest pharmaceutical companies in the world. In 1898, Felix Hoffmann, a chemist at Bayer, synthesized aspirin, which became one of the most widely used drugs in the world. In the 20th century, the industry saw significant advancements, including the discovery of penicillin in 1928 by Alexander Fleming, the development of the first oral contraceptive in 1960, and the introduction of the first statin drug in 1987. In recent years, the industry has focused on developing new treatments for diseases such as cancer, Alzheimer's, and HIV/AIDS. In the United States, the Pharmaceutical Research Laboratories industry has a more recent history. In the 1950s and 1960s, the industry experienced significant growth due to the introduction of new drugs such as antibiotics and corticosteroids. In the 1980s and 1990s, the industry saw a shift towards biotechnology and the development of new drugs such as monoclonal antibodies and gene therapies. In the 21st century, the industry has continued to innovate, with the development of new treatments for diseases such as hepatitis C and cancer. The industry has also faced challenges such as increasing competition from generic drugs and rising healthcare costs. Overall, the Pharmaceutical Research Laboratories industry has a rich history of innovation and advancement, and it continues to play a critical role in improving human health.