from benchtop to production
For over 25 years Flexicon’s expertise has offered filling and capping solutions to users as they scale-up
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As its name would suggest, the American Chemistry Council (ACCs) works with and represents the
interests of companies engaged in the
global, $812 billion business of chemistry. Many of the businesses housed in
the chemical fraternity are obviously
aligned with the pharmaceutical marketplace.
One of the services/on-going
projects of the ACC is their weekly
Chemical Activity Barometer, an eco-
nomic report which highlights and ana-
lyzes the ongoing strengths and weak-
nesses of the chemical marketplace.
Recent postings have seen fluctuating,
but generally positive economic conditions for the chemical marketplace as a
whole, with year-over-year increases in
production and pricing levels. Recent
ACC reports also indicated that market
productivity is accelerating at a pace
that hasn’t been seen since the first
quarter of 2011.
One of the dynamics surrounding
this economic push has been gains
in the pharmaceutical marketplace.
Overall economic indicators feeding
growth in this and other sectors include lower energy prices, steady inflation rates, rising consumer confidence,
improving pay levels and lower unemployment rates. An example of how
these factors are encouraging growth
in the pharmaceutical sector include
year-over-year production increases
for the month of May. Additionally, imported pharmaceutical product prices
have been flat, while exported product
pricing has increased, meshing with
overall price increases.
Pharma Playing Key Role
in Economic, Chemical