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An Ounce of Prevention is Worth a Pound of Cure as Pharma-Bio Industry Invests Billions for Maintenance, an Industrial Info Market Brief

pharmaceutical

Industry Segment: Pharmaceutical & Biotech | Word Count: 70 Words
Attachment: Pharma

Today's advanced pharmaceutical manufacturing plants can easily top $1,000 per square foot to build; as such, proper maintenance is of the utmost importance. The last thing any drug, medical device or toiletry manufacturer needs is equipment failure or malfunction during the production process. There currently are nearly 1,500 reported maintenance projects across the globe. These projects represent more than $2.5 billion in spending, with more being added daily.

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