Pfizer to invest over $1.26 billion in Dublin manufacturing site

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The company last year began producing an ingredient for its COVID-19 vaccine at the facility in Grange Castle, Dublin.

“This investment for non-COVID licensed and pipeline products, will help to further expand the site’s broad and robust capabilities,” Mike McDermott, chief global supply officer at Pfizer (NYSE:PFE), said.

The move will lead to the creation of 400 to 500 new roles and add a new facility, which is due for completion in 2027, according to the company.

($1 = 0.9530 euros)