Friday, May 4, 2007

Pharmaceutical sector In Edmonton: Is the glass half full or half empty??

The Pharmaceutical sector in Edmonton has still to realize its full potential. with population expected to double in next 3-4 years (at the rate of 10% growth), the need for drug products is going to increase significantly. In addition to that the intensive research at the drug molecule level will demand the formulation of such drug substances, in order to take them from labscale to clinic for trials and market. this represents an opportunity for people in field of Pharmaceutics, Analytical sciences, regulatory fields and training institutions.
Talking of profits, the pharmaceutical sector has always been a very profitable venture with very steady growth rates rivaled only by IT in term of magnitude (not steadiness).

As a personal interest, I am looking into specific opportunities in the field and perhaps prepare a report that can then be used by interested parties. If any of my fellow bloggers are interested in partenering on such a project, please give me a shout......or let me know if such a report already exists...

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