UK plant closure warning by ABPI
The Association of the British Pharmaceutical Industry has warned of the danger to the UK's future as a manufacturing base for pharmaceuticals, following the announcement by US drugmaker Eli Lilly that it is closing its production site in Basingstoke as part of a global cost-cutting program by the firm. An ABPI spokesman told the Marketletter that the move was "bad news for the UK."
Lilly has stated that its R&D facilities in Windlesham, Surrey, will be retained, unlike those in Homberg, Germany and Mont-Saint-Guibert, Belgium, that are expected to close in 2007 (Marketletter July 3). A spokesman for the company stated that R&D jobs at the sites facing closure could be relocated either to the USA or the UK.
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