Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
BASF Hikes Pharma Ingredients Prices by 10%
3:52 AM MDT | September 1, 2011 | Alex Scott
BASF says it will increase the sale price of its pharmaceutical excipients and generic active pharma ingredients (API) by 10% worldwide. It is the second time this year that the company has introduced such a price hike. The price hikes are necessary “due to the continued rise in costs for raw materials, energy and labor,” the company says. All existing contractual obligations will be honored. The price increase affects the entire excipients portfolio including all binders, disintegrants, coatings, solubilizers, and solvents. The affected...
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