Pharmaceutical-Biotech Industry Second-Quarter Snapshot: $2.2 Billion in North American Project Starts

SUGAR LAND--June 23, 2010--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--As the second quarter of what is proving to be yet another challenging year enters its final days, the Pharmaceutical-Biotech Industry is expected to have launched $2.2 billion worth of North American projects through the end of June. A healthy cash injection of this magnitude is cause for jubilation--or at the least, cautious optimism. Yet, when it comes to almost anything relating to this ambiguous industry, the bottom line is that the numbers place it firmly in the middle of "good" and "not-so-good" news.