none

Pfizer to close Sydney plant axing 140 jobs

31-08-2010
by 
in 
Pfizer to close Sydney plant axing 140 jobs

Pharmaceutical company Pfizer plans to shut down its Sydney manufacturing plant in 2015, with about 140 workers set to lose their jobs.

The company announced last week it would it phase out operations at the West Ryde plant, which produces tablets and capsules for both humans and animals.

"This has been a difficult decision, and reflects the need to align our global manufacturing capacity with the needs of our business, manufacturing operations director Justin Mathie said in a statement.

"Our focus in the months ahead will be on those colleagues impacted by this decision, as well as ensuring we continue to make Pfizer medicines available to Australian patients."

Mr Mathie said the pharmaceutical industry is trending away from high-volume medicines towards those of higher value that target a specific patient population or disease condition.

"This requires more flexible manufacturing facilities and a different overall approach to manufacturing," he said.

Most workers will not be impacted until 2015.

Pfizer's other Australian plant, based in Perth, will stay open.

The Australian arm of the Pfizer American multinational pharmaceutical corporation currently employs more than 1600 people.

Source: The Australian

Related news & editorials

  1. 01.06.2020
    01.06.2020
    by      In , In , In
    Australia’s manufacturing sector has developed a plan to reverse its languishing fortunes.
    The plan, which will be delivered to government, contains 11 major recommendations crowd-sourced during April and May from Australia’s manufacturing communities, academics and industry experts.
    A New Deal... Read More
  2. 01.06.2020
    01.06.2020
    by      In
    GoProto ANZ has teamed up with Erebus Medical and Cobalt Design to help hospitals in the fight against COVID-19.
    Initiated in mid-March as the pandemic escalated in Italy and Spain, the project sought to prevent Australian hospitals becoming overwhelmed by a predicted peak in coronavirus patients... Read More
  3. 01.06.2020
    01.06.2020
    by      In
    Across every industry, the COVID-19 crisis has caused disruption and highlighted risks in the global supply chain. On the other hand, it has unveiled potential opportunities for Australian manufacturers to reinvigorate the industry and compete more effectively in the future.
    With innovation booming... Read More
  4. 27.05.2020
    27.05.2020
    by      In
    The Australian Made Campaign has teamed up with Primex Field Days to support and further promote the growth of the Australian agriculture sector.
    Primex Field Days, traditionally held at Casino in the NSW Northern Rivers, is one of Australia’s most diverse agricultural events. It aims to bring... Read More