West Pharmaceutical Services Inc - Company Profile
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West Pharmaceutical Services Inc (West Pharmaceutical) develops and manufactures components and systems for injectable drug delivery and plastic packaging, and delivery system components for the healthcare, pharmaceutical and consumer product markets. Improved performance of contract-manufactured products segment, strong operational network and robust R&D capabilities are its strengths, even as decrease in working capital could be a cause for concern to the company. West Pharmaceutical could benefit from its strategic agreements, regulatory approvals & launch of new products, and the growing market for global hospital supplies. However, dependence on suppliers, rapid technological changes and stiff competition could pose challenges to the company’s operations.
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