SOURCE: Industrial Info Resources

Industrial Info Resources

January 17, 2011 05:20 ET

Life Science Market 2010 Review: Sector Delivers $9 Billion Investment in Construction Starts, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 17, 2011) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Now that the books have closed on 2010, an analysis by Industrial Info's Pharmaceutical Tracker - Online Database of capital and maintenance (MRO) projects reveals that more than $9 billion worth of projects were launched last year. The investment was divided among 529 North American projects, resulting in an average project total investment value (TIV) of a little more than $16 million. Significant projects by Talecris Biotherapeutics (NASDAQ:TCLR), GlaxoSmithKline plc (NYSE:GSK), Teva (NASDAQ:TEVA) and McKesson Corporation (NYSE:MCK) began during the year.

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