HOME | |

136 Jobs to go at Little Island Pfizer, Cork

Capacity from the Little Island plant will be moved to Ringskiddy - company blames patent expirations

136 Jobs to go at Little Island Pfizer, Cork
Author image
Ian Guider
12:05 Wednesday 15 May 2013

136 jobs are to go at Pfizer in Cork.

The pharmaceutical giant has two plants in the county - the company says they're consolidating those operations, moving manufacturing at the Little Island plant to Ringskiddy.

It's understood workers were called into a meeting at 9.30 this morning.

Last year, the company shed 177 jobs in Cork.

Pfizer Vice President, Paul Duffy, spoke to Cork's Red FM:

Pfizer has been in Ireland since 1969 and employs more than 3,000 people at plants in Cork, Dublin, Kildare and Limerick.

Pfizer statement

In a statement, Pfizer has confirmed they are seeking a buyer for the Little Island plant after deciding to relocate manufacturing of medicines from there, to Ringaskiddy, next year.

The company says the move forms part of its global efforts to better align manufacturing capacity following a drop in demand caused by patent expiration on some medicines.  No other sites in Ireland are affected by this announcement today.

“Pfizer has been reviewing its global manufacturing network and capacity in response to changing global demand as a result of patent expiry of a number of key medicines and the need to achieve greater efficiencies in our manufacturing,” said Dr Paul Duffy, Vice President, Pfizer.  “Ireland remains a key strategic location for Pfizer with extensive operations in Cork, Kildare and Dublin.  The proposed relocation of these medicines to Ringaskiddy is necessary for our Irish operations as we strive to further enhance our ability to compete even more effectively in a changing global pharmaceutical market.”

Pfizer's statement says, "The Little Island site is a leading active ingredient manufacturing facility and 136 colleagues are employed at the site.  It is proposed that Pfizer will exit the Little Island site in 2014 and will explore opportunities to divest the site, in conjunction with state investment agencies.  Success would depend on a number of market factors including demand for pharmaceutical manufacturing facilities."

“This recommendation is not a reflection of performance, it is driven by the changing business environment.  Little Island has an excellent reputation and has won many awards in the areas of quality, safety, operational excellence and innovation,” said Seamus Fives, Site Leader, Little Island and Ringaskiddy sites.

“This is a very difficult time for colleagues affected who deserve recognition for the great contribution they have made to manufacturing some of Pfizer’s leading medicines,” he added.  “However, patent loss means that we must now compete with generic equivalents and generic manufacturers.  The manufacturing operating environment has become much more challenging and greater competitiveness is needed so that we can continue to play a strong role in the manufacture of Pfizer’s new and off-patent medicines.”

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 recently 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. 

comments powered by Disqus
  • newstalk.com image

    Fianna F√°il leader accuses Government of 'scapegoating'...

    newstalk.com image

    VIDEO: Russell Brand threatened with arrest outside Fox News...

    newstalk.com image

    VIDEO: Truck drivers lift Dublin Port blockade

    newstalk.com image

    Mairia Cahill on Gerry Adams: "I am calling for him to do the...

    newstalk.com image

    Mary Lou McDonald tells Newstalk: "I'm not pretending for a...

    newstalk.com image

    Newstalk Breakfast on Gerry Adams statement: "This raises more...

    newstalk.com image

    This one-minute horror movie is spooking everyone out

    newstalk.com image

    VIDEO: An American couple have come up with a brilliant way to move...

    newstalk.com image

    VIDEO: Government ministers lash out at news that Irish Water...

    newstalk.com image

    Watch: Feel patriotic with this supercut of people saying...

  • newstalk.com image

    540 new jobs announced for Co Dongeal

    newstalk.com image

    HSE rules out Ebola in case of woman admitted to Mater Hospital...

    newstalk.com image

    VIDEO: Government ministers lash out at news that Irish Water...

    newstalk.com image

    Ad campaign shows human stupidity is great for organ donation

    newstalk.com image

    U2 drummer fails in bid to have legal proceedings against...

    newstalk.com image

    Irish people are the least tolerant in the world of poor mobile...

    newstalk.com image

    Man accused of stabbing taxi driver during alleged carjacking to...

    newstalk.com image

    WHO declares Nigeria free of Ebola after 42 days with no new cases

    newstalk.com image

    Love 'em or hate 'em, Elmo's gnomes are up for sale...

    newstalk.com image

    VIDEO: Heroic bystander rescues man from burning house