Industrialinfo.com Spotlights Spending Trends in the Pharmaceutical & Biotech Industry on Industry Today Radio Program

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). The U.S. pharmaceutical & biotech industry is one of the countries fastest growing and most robust segments of the economy. Capital and maintenance spending for 2003 is expected to be near $16 billion, and is forecast to increase substantially in the foreseeable future.

This industry has experienced growth for the past four decades as producers continue to invest research and development dollars in new product developments, searching for cures to complex diseases and common ailments. "Beyond R&D spending, pharmaceutical companies continue to invest heavily in new manufacturing capacity developing new 'campus style' facilities allowing for the better utilization of resources including the streamlined management of production processes and development teams," commented Annette Kreuger, Pharmaceutical and Biotech Group Manager with Industrialinfo.com.

For a unique, half hour discussion focusing on spending trends in the pharmaceutical and biotech industry, with Annette Kreuger from Industrialinfo.com tune in to Crazy Al's Radio Party IndustryToday segment, Monday morning February 3, 2003 at 8:30 am (EST). The radio show can be accessed from any computer at www.industrialinfo.com.

Industrialinfo.com sponsors a fun and informative radio show, featuring Industrialinfo.com's brand of industry project news and trends. Our two-hour show, hosted by Crazy Al, of Crazy Al's Radio Party in Detroit, Michigan, provides listeners with industry news, while spinning great American rare oldies from the 50's, 60's and 70's. Tune in to Industrialinfo Radio for the live broadcast daily from 6:30 am to 8:30 am (EST) or anytime throughout the day to hear the most recent archived broadcast.