Pfizer opens €21m facility at Ringaskiddy

Pfizer has opened a new $30m (€21.6m) facility at its Ringaskiddy plant that will allow the company to manufacture the next generation of cancer, cholesterol and blood-thinning drugs.

New Product Technology Laboratory (NPTL) was unveiled yesterday by Research and Innovation Minister Seán Sherlock who welcomed the job-creation potential of the new facility.

“The opening of this new facility will enable the site to manufacture more complex drugs and those drugs that are in earlier stages of development. Supporting projects like this confirms that we are taking the right steps to ensure that Ireland is a key location for companies like Pfizer to expand and grow their business, and ultimately, create new jobs,” he said.