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Almac Targets Formidable Growth

8:56 AM MST | February 18, 2008 |

Alex Scott in Craigavon, Northern Ireland, U.K.

Privately owned pharmaceutical services group Almac (Craigavon, Northern Ireland, U.K.) says it is on track to increase its sales significantly during the next few years and in the U.S. in particular. Group sales increased 16% in 2007 to £150.1 million and the company predicts that in 2008 it will increase sales by 20% to £180 million. The company’s long term goal is to build its market presence in the U.S. and the firm’s largest single capital investment for the year is a proposed $100 million project to build a new U.S. headquarters and...

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