Sigma Aldrich saw sales for its SAFC fine chemicals business unit decline 5% against last year in Q1. The company saw a decline in orders from pharmaceutical customers during the quarter, but has a strong forward-orders book. SAFC has continued with three key expansion projects: to expand capacity for cGMP fermentation in Israel and new high-potence API capacity in Madison, WI, both of which are due onstream early in 2010, and a new viral products facility in Carlsbad, CA, which is due onstream soon.
Seeking Alpha
Sunday, 26 April 2009
SAFC sees sales decline
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