1. PHARMA SECTOR PONDERS RECESSION.
- Author
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Mullin, Rick and Jarvis, Lisa M.
- Subjects
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PHARMACY , *DRUGS -- Congresses , *RECESSIONS , *FINANCIAL crises , *ECONOMICS - Abstract
The article discusses the constraints and advantages brought by the global financial turmoil to pharma sectors on CPhI, the pharmaceuticals ingredients conference, in Frankfurt, Germany. Pharma division of Piramal Healthcare president, R. Ananthanarayanan said that the economic downturn is in bad time for the sector but still early to identify its possible effects. Meanwhile, Aslam Malik, president of Ampac Fine Chemicals said that the crises could promote innovation and efficiency.
- Published
- 2008
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