Pharmacovigilance is the science of detecting, assessing, understanding, and preventing adverse effects or any drug-related problems. The goals of pharmacovigilance are to improve patient safety, assess benefits and risks of medicines, and ensure their safe use. It involves collecting reports of adverse drug reactions (ADRs) from healthcare professionals and patients and analyzing the data to identify new safety issues and risk factors. Pharmacovigilance relies on spontaneous reporting systems but also uses active surveillance methods like cohort studies and registries to monitor drug safety post-marketing. It is a shared responsibility between drug regulators, healthcare professionals, and pharmaceutical companies to help prevent drug-related harm and protect public health.