SOURCE: Industrial Info Resources

Industrial Info Resources

September 13, 2011 06:20 ET

Stellar September for Pharma-Bio Industry as North American Project Starts Near $2 Billion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Sep 13, 2011) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- The Pharmaceutical-Biotech Industry is roaring into fall with nearly $2 billion in capital and maintenance (MRO) project launches set for September. Traditionally a generous month for the industry, this year's early autumn crop of projects is set to surpass last year's September total of $1.6 billion. The largest of the September projects is Israeli generics giant Teva Pharmaceutical Industries Limited's (NASDAQ:TEVA) long-awaited $295 million distribution center in Philadelphia, Pennsylvania.

Other companies featured: Gilead Sciences Incorporated (NASDAQ:GILD)

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