Monday, April 02, 2007

Pharmaceutical Manufacturing and Energy Efficiency

I was happy to see a featured article in Pharmaceutical Manufacturing about sustainability, energy efficiency and the business pay-off these initiatives can make, Energy Efficiency: The Gift That Keeps on Giving. Roche, Merck, Baxter (a usual suspect in anything sustainable), Novo Nordisk, and Genzyme are mentioned in the article, and named in Innovest's Global 100 of the world's most sustainable companies. I have had the pleasure of visiting Genzyme's LEED certified facilities in Cambridge and Allston. The one in Cambridge is particularly interesting with plenty of natural light and a sense of being outside when you're inside.

I suppose it's an easier sell for pharma companies to invest in sustainable activities since they are manufacturing drugs that are suppose to help cure diseases. I am sure there is a public perception that they are trying to do good, though there is the other side that is complaining that pharma companies are making too much money. With public perception of companies playing in this arena weighing on stock performance, let the solar panels reign.

Pharma manufacturing is an industry my company serves, and I feel a bit more optimistic when customers are touting their efficiency projects.

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