Pharma/ˈfɑːrmə/ Definition 1 of 2Pro Tip 1/3Colloquial Usage Often used informally to describe anything related to the drug industry. After the merger, they became the largest player in pharma. Pro Tip 2/3Industry Giant When paired with 'big,' it refers to the major companies dominating the industry. Big pharma often influences healthcare policies. Pro Tip 3/3Innovative Context Used to discuss the development of new medications or therapies. Pharma is investing in gene therapy research.