SOURCE: Industrial Info Resources

April 25, 2008 05:30 ET

It's a Wrap: 18 New Pharma-Bio Facilities Complete Construction in 1Q08, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 25, 2008) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- The first three months of 2008 saw 18 new pharmaceutical-biotech sites wrap up construction throughout North America. The projects included research and development laboratories and full-scale manufacturing plants. The current capital-spending trends within the industry were definitely reflected within the first-quarter results, with projects sourced out of the medical device sector, the federal government, universities and contract manufacturers. All of the new construction activity was drawn from a recent analysis of new plant development monitored in Industrial Info's Pharmaceutical Tracker.

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