Pharma

Exclusive: Pfizer to invest €1 billion in new Dublin biotech plant

The company, which already employs 4,000 people in Ireland, is understood to be at an advanced stage in its plans for the facility which would be one of the largest pharmaceutical investments in the history of the state

Pfizer already employs over 1,700 people at its Grange Castle campus and the expansion of its operations there is likely to lead to a significant increase in headcount at the Dublin facility

Pfizer, the multinational pharma giant, is planning to invest more than €1 billion in a new, state-of-the-art biotech manufacturing facility at its Grange Castle site in Dublin, the Business Post has learned.

The firm is understood to be at the advanced stages of its plans for the new facility, which would represent one of the largest pharmaceutical investments in the history of the state.

Construction of the project is expected to commence in the second ...