Temperature-controlled facilities grows as airfreight market seeks ways to attract business
Article by Cathy Morrow Roberson from Transport Intelligence - Published on October 16th 2013
The global airfreight market is showing some signs of improvement as it focus more on high-value commodities such as those found in the life sciences industry. According to Evaluate, a life sciences market research company, biologic sales are forecasted to grow 6% per year to $208bn by 2017 and will comprise 23% of the global pharmaceutical market in dollar terms. In 2012, the FDA approved 15 new biological products all of which require cold-chain handling and storage.