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Chemical Week Magazine :: Cover Story

Drug Industry Flux Proves Good Therapy for Suppliers

10:34 AM MST | January 16, 2009 | DEEPTI RAMESH

The pharmaceutical industry is going through a period of transition with many major drug companies restructuring to cut costs. Fine chemicals and contract manufacturing service suppliers say this year will be challenging, but that they will benefit from growing opportunities, including an increase in outsourcing contracts. The pharmaceutical sector continues to be in a state of flux as major drug companies restructure to cut costs, including closing some plants and laying off staff, as the global economy worsens. Many fine chemicals suppliers and contract...

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