Volume 87 Issue 28 | p. 17 | Concentrates
Issue Date: July 13, 2009

Pfizer Abandons New R&D Site

Department: Business
Keywords: Pfizer, R&D, Wyeth

Pfizer has jettisoned plans to move roughly 100 employees into a new R&D space in San Francisco's Mission Bay area. The plan to locate the global headquarters of its Biotherapeutics & Bioinnovation Center (BBC) was announced last August in a groundbreaking ceremony that included San Francisco Mayor Gavin Newsom, biotech consultant G. Steven Burrill, and BBC President Corey Goodman. In subsequent months, Pfizer acquired Wyeth, which has a substantial biotherapeutics presence, . . .

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