Gerresheimer expects pharmaceutical packaging sales to grow but says performance of “cyclical” cosmetics and life science businesses is more difficult to predict.
German packaging company Klockner Pentaplast (KP) is investing more
than $20m (€15m) in a new pharmaceutical films manufacturing
facility in Aurangabad, India, in a bid to up its presence there.
Cardinal Health is about to sell its drug manufacturing arm to an
international private investment firm, only two months after
announcing its decision to divest the segment, while its second
quarter earnings doubled as a result.