Drug giant Pfizer to invests €1.2bn into Irish site, creating more than 400 new jobs, amid difficulties facing manufacturers

The project is currently in its preliminary design phase with construction expected to begin onsite in 2024 and the new facility is due for completion in 2027. 

This announcement follows a €40m injection of cash in the site last year when the Grange Castle facility was used to make the drug giant's Covid-19 vaccine. 

Plans announced by drug giant Pfizer to invest €1.2bn into its Dublin site, which will create more than 400 new jobs by 2027, signals growth for Ireland’s pharma sector amid difficulties for manufacturers as inflation bites.

Its latest cash injection is the largest into Ireland to date by the Covid-19 vaccine maker and will be used to create between 400 and 500 new jobs, bringing the total number of Pfizer employees across the country to approximately 5,500.