Pfizer takes over Wyeth in €68bn deal

PFIZER, best known for producing Viagra, has become the country’s biggest multinational. It follows completion of its $68 billion (€45.5bn) takeover of Wyeth which, also has a substantial presence across Ireland.

The group now boasts a workforce of more than 5,000 people in Ireland.

Pfizer employs 2,100 people in Cork and Dublin while Wyeth, which specialises in animal as well as human health products, employs more than 3,000 in Dublin, Sligo Limerick and Kildare.