India May Ban PET Bottles For Drug Packaging On Health Grounds

Pharmaceutical companies may soon have to phase out the use of plastic or polyethylene terephthalate (PET) bottles for packaging medicines such as syrups and liquid orals. The health ministry is considering a ban on the use of such bottles for packaging pharmaceutical products due to concerns of possible adverse effects on health. Even as the…

Medical Device Packaging To Exceed $25.7 Billion By 2017

World demand for medical device packaging is projected to increase 5.9 percent annually to $25.7 billion in 2017, according to the Cleveland-based Freedonia Group Inc. report. Western Europe, the United States and Japan will continue to account for almost 60 percent of the total market. However, demand in these countries will expand below the average…