NEWS AND VIEWS FROM THE PHARMACEUTICAL FINE CHEMICAL AND CUSTOM MANUFACTURING SECTOR

Wednesday 29 October 2008

Biotech woes hit Lonza

The financing difficulties currently facing small and start-up biotech companies are hitting Lonza. The company warned it may miss its mid-term earnings target in 2008 and may not be able to offset weaker economic growth in the second half. The company expects the macroeconomic challenges to continue in 2009.
Reuters

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