Pfizer Plant Damaged by Tornado May Be Offline for Weeks

  • Warehouse was hit hard, but drug production mostly unscathed
  • ‘I’m hugely relieved’ by damage report, supply expert says
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The tornado that hit a Pfizer Inc. plant earlier this week left production areas relatively unscathed, alleviating some experts’ concerns about a potential worsening of US drug shortages.

Most of the damage to the facility in Rocky Mount, North Carolina, occurred at a warehouse holding raw materials, packaging supplies and finished medicines, the company said in a statementBloomberg Terminal. Pfizer is exploring alternative manufacturing locations while the company works to bring the plant back online, Chief Executive Officer Albert Bourla said in a press conference at the plant.