Market Overview

Pharma-Biotech Webinar in Review: North America, Europe Are Hotspots, but India Stepping Up Game


Pharma-Biotech Webinar in Review: North America, Europe Are Hotspots, but India Stepping Up Game

PR Newswire

SUGAR LAND, Texas, Aug, 21, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas) -- In the July 11 webinar regarding spending in the global Pharmaceutical-Biotech Industry, Annette Kreuger, Industrial Info's vice president of Pharma-Bio Industry research, and Shaheen Chohan, vice president of Global Analytics, discussed how spending in this dynamic industry is shaping up around the world. The latest reports claim expenses for drugs will amount to $1.5 trillion in 2021. The global population is increasing and aging, and as people age they need more drugs. In addition, the growing middle class in developing countries is giving more and more people access to medications, making the Pharma-Bio sector a competitive, rapidly-changing industry. Industrial Info is tracking more than 950 Pharmaceutical-Biotech projects across the world that are currently under construction and valued at a combined $59 billion.

Industrial Info Resources (PRNewsfoto/Industrial Info Resources, Inc.)

To read the full article, visit the most recent edition of Industrial Info's NavigatIIR online newsletter.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to or visit us online at

Brian Ford

(713) 980-9393


Cision View original content with multimedia:

SOURCE Industrial Info Resources, Inc.

View Comments and Join the Discussion!