Parenteral products are sterile preparations intended for administration outside of the gastrointestinal tract, such as by injection. They include small volume parenterals containing less than 100 mL and large volume parenterals of 100 mL or more. Parenteral formulations can be solutions, suspensions, emulsions, or other types and are administered via various routes like subcutaneous, intramuscular, intravenous, or intra-arterial injection. Proper formulation of parenterals requires they meet strict standards for sterility, pyrogen level, clarity, stability, and other factors to ensure safety upon administration.