SOURCE: Industrial Info Resources

December 04, 2007 08:28 ET

North American Pharmaceutical & Biotech Industry's Project Investments Top $21 Billion for 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 4, 2007) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- As 2007 draws to an end, it is time to examine what lies ahead for the Pharmaceutical & Biotech Industry in 2008. Despite the bleak headlines plaguing the industry as a whole, there are definite signs of life within the industry, at least in terms of current active project spending for 2008. According to a recent analysis of the current data within the Pharma Project Tracker, the industry expects $21 billion spread over 537 projects to begin construction in 2008.

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