SOURCE: Industrial Info Resources

Industrial Info Resources

March 16, 2011 07:10 ET

Pharma Diagnosis for 2011: Increased Project Spending, Decreased Staff, a "Navigating the Currents of Change" Webcast on Industrialinfo.com

SUGAR LAND, TX--(Marketwire - March 16, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Despite the swarm of litigation against last year's health care overhaul, the law is good news for the Pharmaceutical & Biotech Industry, Annette Kreuger, IIR's vice president of research for the Pharmaceuticals & Biotech Industry, said in an exclusive "Navigating the Currents of Change" interview.

One of the trends that Kreuger sees continuing is the industry's construction of new research and development facilities, or the significant expansion of existing ones. Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) (Cambridge, Massachusetts), Novartis AG (NYSE:NVS), and Gilead Sciences Incorporated (NASDAQ:GILD) all have major grassroot construction or expansion projects under way.

Kreuger will attend the upcoming InterPhex convention in New York, March 29-31. IIR will be exhibiting at Booth 1766. "This is an important convention for the industry. Please come by and let us help you navigate this market -- it's really challenging to break into. But we have tools that can help suppliers of equipment and services better identify potential business opportunities," said Kreuger.

Click here to hear this and other "Navigating the Currents of Change" webcasts, covering important industrial topics and trends throughout the world.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to pharmabiogroup@industrialinfo.com or visit us at www.industrialinfo.com.

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