UK Government

Department for Business, Innovation and Skills (National): Response to Pfizer announcement

Press Release   •   Feb 02, 2011 11:12 GMT

Vince Cable, Secretary of State for BIS said:

"It is extremely disappointing that Pfizer has decided to end its research and development activity at its site in Sandwich. The company has been clear that this decision was part of its global programme of change and not based on a judgement of the UK as a location for pharmaceutical research.

“I am establishing a local taskforce under the leadership of Kent County Council to work with Pfizer and the new Local Enterprise Partnership. David Willetts, Andrew Lansley and I will work closely with the Taskforce in the coming months to ensure every possible effort is made to mitigate the impact of Pfizer’s decision on local jobs and the local communities.

“We will also be meeting with Pfizer, other key companies and local representatives as a matter of urgency to discuss innovative ideas for continuing R&D activities in this very well equipped facility, and how the key strands of the R&D portfolio based at Sandwich can best engage with academic teams across the UK who have the potential to drive forward the most innovative areas of UK bioscience.

“This country is an attractive location for the life sciences industry and with R&D tax credits and our plans to introduce a Patent Box, the Government is committed to ensuring the UK is the destination of choice for investment, research and growth.”

Notes to editors:

BIS' online newsroom contains the latest press notices, speeches, as well as video and images for download. It also features an up to date list of BIS press office contacts. Seehttp://www.bis.gov.uk/newsroom for more information.

Contacts

NDS Enquiries 
Phone: For enquiries please contact the issuing dept 
ndsenquiries@coi.gsi.gov.uk