Rigid plastic packaging 5 developments shaping the market

November 19, 2015

The rigid plastic packaging market is forecast to grow at an average rate of 5.8% over the next five years, reaching $226.4 billion in 2020. The growth of rigid plastic packaging has largely come as a result of growing consumption demand in emerging markets, but also at the expense of traditional pack types such as glass bottles and jars, liquid cartons and metal cans. It is often favored over other pack types due to its lighter weight, shatter resistance and the flexibility to mold into various shapes. It is also proving a source of added value through high-clarity polymers.

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Rexahn Pharmaceuticals

Rexahn is a clinical stage biopharmaceutical company that discovers and develops novel, best-in-class, therapeutics for the treatment of cancer. Rexahn targets novel mechanisms of action which are highly specific to cancer cells resulting in drug candidates that demonstrate higher efficacy, safety and synergism with existing cytotoxic compounds. The company has a rapidly advancing oncology pipeline, with three drugs in clinical development.

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