IIR Industry Alert: Patheon Expands Pharma-Biotech Manufacturing Capacity in Italy

With approximately 2,700 employees and over 100 pharmaceutical and biotechnology clients, Patheon is striving to become the preferred contract manufacturer for the industry.

HOUSTON-July 25, 2002-Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Patheon Incorporated (TSE: PTI) (Mississauga, Ontario) purchased the Ferentino, Italy facility from Biomedica Foscama SpA (Ferentino, Italy) in February 2002. Patheon is spending approximately $40 million on upgrading the idled facility this year.

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Established in 1983, Industrial Information Resources Inc. (IIR) is a leading source for industrial market information covering the industrial process, manufacturing, and energy related markets. IIR tracks project spending trends in the Pharmaceutical-Biotech industry and has recently released the 2002 U.S. Pharmaceutical-Biotech Forecast. For more information on trends and upcoming construction activities in the Pharmaceutical-Biotech markets as well as other industrial sectors send inquiries to pharmabiogroup@industrialinfo.com or visit us at www.industrialinfo.com.