How ethanol useful in pharmaceutical industry?

  1. Solutions in ethanol are often prepared in pharmaceutical industry. These sollutions are known as tinctures.
  2. For example, a solution of iodine and potassium iodide in ethanol is called tincture of iodine.
  3. It is also used as an important raw material for the synthesis of many organic compounds, for example, ethanol, ethanoic acid, ethanoic anhydride, esters, chloroform etc.