Pharmaceutical-Biotech Industry Investment Update: $5.6 Billion in Capital/Maintenance Began Construction in 3Q09
Pharmaceutical-Biotech Industry Investment Update: $5.6 Billion in Capital/Maintenance Began Construction in 3Q09
Attachment: IIR Chart - 3Q09 Pharma-Biotech Industry Spending
SUGAR LAND--November 23, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--The Pharmaceutical-Biotech Industry is weathering the current economic storm well, sailing through the third quarter of 2009 with $5.6 billion in construction starts. A recent survey of active reported capital and maintenance projects in Industrial Info's Pharmaceutical Tracker - Online Database revealed that the total investment value (TIV) of the projects is spread over 185 separate projects, resulting in an average project investment of $30 million.
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