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Pfizer Global Manufacturing Announces Plans to Reconfigure Its Global Plant Network
Date:5/18/2010

ical to our efforts to remain competitive so that we can continue to meet patient needs and expand the access and affordability of our medicines," said Pfizer Global Manufacturing President Nat Ricciardi.

"Nevertheless, today's announcement is very difficult to make because of its impact on our colleagues," Mr. Ricciardi added.  "We have a tremendous global workforce and some of the best manufacturing facilities in the industry.  But we must continue to adjust to the fast-changing and extremely competitive environment in which we operate.  That means realigning our network and reducing our manufacturing capacity so that we can position Pfizer for the next phase of growth across biopharmaceuticals and our diversified business portfolio."

The announcement is the culmination of an intense half-year evaluation of sites that manufacture aseptic (injectable), solid-dose, and biotechnology medicines, as well as consumer healthcare products.

Pfizer plans to discontinue manufacturing operations over the next 18 months to five years at three solid-dose sites that manufacture tablets and capsules: Caguas in Puerto Rico; Loughbeg in Ireland; and Rouses Point, N.Y., in the United States.  (Wyeth had previously announced in 2005 that it would exit and sell the Rouses Point site.)

The company also plans to phase out pharmaceutical solid-dose manufacturing at Guayama, Puerto Rico, and that site will expand its Consumer Healthcare operations.

Two aseptic facilities that make sterile injectable medicines are targeted for exit: Dublin, Ireland; and
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SOURCE Pfizer Inc.
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