Pfizer plans to close an R&D facility in the UK

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Article from www.pharmalot.com (1st Februar 2011). As part of its ongoing effort to brace for the loss of the Lipitor patent, Pfizer now plans to close an R&D facility in Sandwick, Kent in the UK, which employs 2,400 jobs and was where Viagra was born.

The drugmaker will also shift some operations from its Groton, Connecticut R&D facility in the US to its Cambridge, Massachusetts site, which is being expanded, as it moves to slash $1.5 billion from R&D spending.

 

Read more on:

http://www.pharmalot.com/2011/02/pfizer-to-shrink-rd-and-cut-at-least-2400-jobs/

 

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