Pfizer expects US plant to be out of action for weeks due to tornado damage

Pfizer plant in Rocky Mount

The camp was completely destroyed by a tornado.

(Photo: via REUTERS)

After devastating tornado damage in an important pharmaceutical plant in the USA, the US pharmaceutical company Pfizer expects the plant to be out of action for weeks. The production facilities in Rocky Mount in the state of North Carolina are probably undamaged, said CEO Albert Bourla in an interim report on Friday. However, it will take weeks to restore power. In addition, the camp was almost completely destroyed. Bourla spoke of a “monumental task”.

The plant is one of the world’s largest manufacturing facilities for injectable drugs. The products manufactured there include anesthetics, painkillers and anti-infectives. According to Pfizer, nearly 25 percent of the sterile injectable drugs used in US hospitals come from this facility.

After Pfizer reported the tornado damage for the first time on Thursday, shares in German competitor Fresenius had risen significantly. Stockbrokers expected that the Fresenius subsidiary Kabi could benefit from bottlenecks.

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