SOURCE: Apaporis

September 11, 2008 08:15 ET

ChemOutsourcing Show Attendance Was Up 50% at September 8-9, 2008 Gathering in New Jersey

LONG BRANCH, NJ--(Marketwire - September 11, 2008) - Attendance was up 50% at this week's Pharma ChemOutsourcing Conference at the Jersey Shore this past week. The strong uptick in attendance came on the heels of a very successful meeting in 2007. Strong growth is anticipated for the 2009 show whose dates and location will be announced shortly.

Attendees remarked that the seaside venue was ideal and very suitable for networking. Sourcing managers from nearly 100 pharmaceutical and biopharmaceutical companies and 90 exhibitors were on hand. A large increase in the delegation from India punctuated the international flavor that drew attendees from around the world. Still, the relatively intimate venue and NJ location gave it a local feel.

The show began with a beach party on Sunday, September 7 that went over very well. It seemed that many people were surprised at the warm temperature and sunny weather because of the remnants of Hurricane Hannah that had just departed the day before. A BBQ and cocktails were followed by a bonfire on the beach to cap off the night.

On Monday, September 8, a standing room only crowd gathered for Dr. Stefan Loren's keynote presentation. Stefan has presciently foreseen the evolution of the chemical sourcing market unfold over the past 6 years in a series of presentations at the conference. In 2007 he suggested that the market had reached equilibrium and in 2008, that the pharmaceutical industry has expanded too fast into offshore outsourcing. Citing the Heparin tragedy of earlier in the year and a number of other data points to make his point, it does appear that the expansion has occurred without adequate regulatory oversight. Dr. Loren predicts that some sourcing will return to the USA. He stated that currently 80% of API originate in offshore manufacturing sites. His presentation will be posted at www.chemoutsourcing.com in the coming days.

The organizers, Apaporis, are debating 2009 dates -- both September and June are attractive months given the conference calendar. The exhibition will be maintained at 100 booths to keep the intimate feel and favorable pharma-supplier audience mix.

Visit www.chemoutsourcing.com for updates or contact the organizer, Mark Alexay, directly at malexay@chemoutsourcing.com.

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