STUDY |
Fine chemicals may be categorized as follows “A” Basic building blocks “B” Advanced intermediates & custom-made active ingredients including APIs “C” Off-patent APIs Analysis by author finds “A” to show only MARGINAL growth. Analysis by author finds “B” to be the WORST performing in past 2 years. Yet return on sales for custom-made APIs “literally crashed in 2000” Only “C” offer a bright spot, with return on sales projected to grow at 6% per year Fine chemical producers can achieve above-average growth through DIVERSI FICATION |
UPDATE | 02.02 |
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