SOURCE: Industrial Info Resources

April 09, 2007 07:05 ET

Pharma-Biotech Industry 2Q07 Forecast: Value of Project Construction Starts Increases 5% to $4.3 Billion

SUGAR LAND, TX -- (MARKET WIRE) -- April 9, 2007 -- Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas). The Pharmaceutical-Biotech Industry currently expects 135 capital and MRO (maintenance) projects carrying a total investment value (TIV) of $4.3 billion to begin construction during the second quarter of 2007. This project activity, which was drawn from a recent analysis of current reported projects contained within Industrial Info Resource's Pharmaceutical Tracker, demonstrates a slight increase of roughly $200 million in TIV, or five percent, over the second quarter in 2006.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns. For more information send inquiries to or visit us at

Contact Information

  • Contact:
    Joe Govreau