Home News New Specialist high-tech capability to be developed at Ringaskiddy; production expansion at Grange Castle creating 250 construction jobs.
New Specialist high-tech capability to be developed at Ringaskiddy; production expansion at Grange Castle creating 250 construction jobs.

11/07/13

Pfizer announced that $130 million is being invested in two of its Irish manufacturing sites.  $100 million is being invested in the Grange Castle site in Dublin and $30 million is being invested in the Ringaskiddy site in Cork. 

Dr Paul Duffy, Vice President, Pfizer said:  “We are seeing the benefits of the investments we’ve been making in our innovative core, as evidenced by recent key launches of medicines for stroke prevention, rheumatoid arthritis and cancer, as well as significant progress within our mid-to-late stage product pipeline.”

The $30 million investment in Ringaskiddy is to develop specialist new capability to manufacture some of Pfizer’s newest medicines in cancer and other future pipeline medicines.  This requires flexible development facilities capable of managing a wide range of processes and technology. The introduction of flow processing and innovative technologies requires not just an investment in new equipment but also an increase and deepening of R&D skills, particularly in the area of real-time analytical technologies, flow processing, new technology and scale-up.  This investment ensures the Ringaskiddy site will be in a position to be considered for on-going development work on new products, not just for commercial launch, but also for clinical products.

 

Pfizer employs approximately 3,200 people at six sites in Ireland across manufacturing, shared services, treasury and commercial operations.  Pfizer has invested $7 billion in operations in Ireland since opening the first site in 1969 and in 2011 announced a $200 million investment in the Grange Castle site to develop a new suite to expand the Irish manufacturing process for an invasive pneumococcal vaccine.  Many of Pfizer’s leading medicines are manufactured for global export from Irish sites.

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