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Lonza: Improvement in Custom Manufacturing Business but Volatility Remains

11:55 PM MDT | April 22, 2010 | Deepti Ramesh

Lonza, in its business update announcement for the first quarter of 2010, says that the company’s custom manufacturing business signed several new contracts in the first quarter, and the life science ingredients business had a strong performance. The visibility is improving in all businesses, but volatility still persists in the custom manufacturing business, Lonza says. “Although the environment remains volatile and we do not trust the stronger demand to represent true and full economic recovery, the progress in the first quarter is...

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