The document discusses a hospital formulary, which is a list of pharmaceutical agents approved by a hospital's medical staff for use in treating patients. It includes important information about the drugs like dosage, indications, and side effects. The formulary system helps regulate drug procurement, prescribing, dispensing, and administration. It aims to provide effective treatment options while reducing costs and improving quality of care. The formulary must be regularly revised to reflect new drugs and policies. A pharmacy and therapeutics committee manages additions and deletions based on drug evaluations.