IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Informex: Recession Is a Major Concern

1:54 PM MST | January 29, 2009 | Vincent Valk

Recessionary pressures are being felt in the biotech and fine chemicals industries, according to attendees and presenters at the Informex expo running this week in San Francisco. However, in spite of the troubling economy, fine chemicals suppliers, including contract manufacturers and biopharma companies are in a good position to survive the recession, exhibitors and visitors at the expo say. Informex: Socma survey finds about 60% of members expect sales growth in 2009. “Folks are guardedly pessimistic,” says Socma President Joe Acker. Acker presented...

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