Drug firm to close research plant

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US drug maker Pfizer has announced plans to close its research site in a move affecting up to 2,400 jobs

US drug maker Pfizer has announced plans to close its major UK research centre in a move affecting up to 2,400 jobs.

The pharmaceutical giant said redundancies at the site at Sandwich, in Kent, would take place over the next 18 months to two years, but added it hoped to secure the transfer of several hundred jobs to other sites or partner companies.

Its jobs blow comes as part of an overhaul of its research and development (R&D) operations worldwide.

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