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Oak Brook, IL – According to a new report from ARC, “Automation Expenditures for Pharmaceutical and Biotech Industry Worldwide Outlook,” automation expenditures in the pharmaceutical and biotech industry are expected to exceed $3 billion by 2012, and the market for automation products and systems there continues to be moderate to strong.

Report author and ARC principal analyst for the CPG industries John Blanchard says that over-investing has left big pharmaceutical companies with surplus manufacturing capacity at the same time R&D pipelines are drying up and regulatory barriers are delaying new approvals. These and other factors are “placing new emphasis on manufacturing to drive margin and growth, [and] proper selection and deployment of automation technology have become vital to success. The industry has also expressed concern over how it is going to support the ever-increasing level of automation with increasingly limited technical resources,” says Blanchard.

Read the full story at controleng.com.

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