Address: 870 Badger Circle, Grafton, WI 53024
Website: www.cedarburghauser.com
Year Founded: 1997
Product or Service offered: Active pharmaceutical ingredients, pharmaceutical services
Projected 2013 Revenue: $17 million
President and CEO: Richard A. Laughrey
Target Clientele: Pharmaceutical companies
Business organization memberships: MMAC, DCAT
What has fueled your company’s growth?: “Cedarburg Hauser Pharmaceutical’s growth has been fueled by a talented and experienced group of employees and a customer-centric business approach that has led to a high percentage of repeat business.”
What is the biggest obstacle to your company’s growth?: “We compete in a very large, but highly fragmented market. Finding new ways to differentiate ourselves in a market with many competitors can be a challenge.”
Do you plan any changes in your company in the upcoming months?: “Cedarburg Hauser is well positioned for future growth. We are continually developing plans for capital expenditures.”
What is the outlook for the business conditions of your industry over the next several months?: “The pharmaceutical industry is turning to contract development and manufacturing organizations in increasing numbers as a way to control drug development costs. We expect this trend to continue, so the industry outlook is very positive.”
What is your company’s most important growth strategy right now?:“We are focused on developing a strong, balanced portfolio of commercial active pharmaceutical ingredients that is comprised of both branded new chemical entities and generic compounds.”