« Return to News | Drug Sponsors

Pfizer to create 400 jobs in Massachusetts

Friday, September 2, 2011 10:50 AM

Pfizer is gobbling up some prime biotech real estate in Cambridge, MA. The New York-based pharma company is adding space for 400 employees at the heart of the biotech R&D hub in Kendall Square, according to Xconomy Boston.

Pfizer has signed a 10-year lease with MIT for more than 180,000 square feet in a new building currently under construction. The building will house Pfizer’s cardiovascular, metabolic, and endocrine disease unit as well as its neuroscience research unit. The company said it plans to move into the new building when it’s done in the fourth quarter of 2013.

Pfizer’s growth in Boston was certainly not a given, since February when CEO Ian Read announced deep cuts to the company’s $8 billion global R&D operations. Research sites in Groton, CT, and Sandwich, UK, have been hit the hardest. Pfizer said it plans to relocate some key company scientists to the new Kendall Square facility, as well as hire “a significant number” of new scientists with expertise in chemistry and biology.

Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

December 17

Medici Global says its Alzheimer's Facebook page demonstrates the need for more early detection trials

Analysts: Expect more equity purchases of CROs in 2013

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

January 2013

Parexel celebrates 30 years of change, growth
CRO's founder and chairman reflects on challenges of the past, present and future

Strategies for increasing patient diversity in trials
Sponsors look to improve racial, ethnic recruitment without going overseas

Already a subscriber?
Log in to your digital subscription.

Purchase the January issue.

Subscribe to The CenterWatch Monthly.

December 2012

Publicity, regulation tightening reins on use of KOLs
Debate rages over need to revamp how sponsors use, pay medical experts

Time may be right to makeover the investigator brochure
Size, complexity prevent critical document from being thoroughly read

Already a subscriber?
Log in to your digital subscription.

Purchase the December issue.

Subscribe to The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs

More Jobs

 

Copyright © 1995-2013 CenterWatch.