The demand for the development of new drugs and healthcare devices is increasing rapidly among pharmaceutical companies. Consequently, pharmaceutical giants are spending billions of dollars on a wide range of development activities including clinical research and clinical trials. The development of new drugs not only demands a huge amount of money but also time. New methods and tools are being introduced based on the latest technologies that can help reduce both cost and time required to develop and evaluate a new drug therapy. The introduction of simulation in pharmaceutical industry is playing a crucial role to curtail problems faced by the healthcare sector. Benefits Offered by the Simulation Simulation is a type of computer-based program or software, which can create real-world situations or processes. Pertaining to the healthcare sector, simulations are used for multiple purposes such as teaching therapeutic procedures to health professionals, providing training to clin