Tuesday 21 November 2017

Viagra supply to flag as staff vote for action

Pfizer employs 3,200 people in Ireland with over 2,200 already on its defined contribution pension schemes. Photo: Getty Images
Pfizer employs 3,200 people in Ireland with over 2,200 already on its defined contribution pension schemes. Photo: Getty Images

Gordon Deegan

Employees at the only location in the world where Pfizer produces the active ingredient for Viagra have voted for industrial action.

The pharma giant's erectile dysfunction drug, Viagra, came off patent in June 2013 and generic versions of the drug are now available.

Despite coming off patent, Viagra has retained its 'blockbuster' status recording worldwide sales of $1.29bn (€1.22bn) in 2015.

The decision by Siptu members for industrial action at Pfizer in Cork now places a threat over the future supply of the drug from the base if the union members proceed to carry out their action.

The row between the US pharma giant and Siptu centres around Pfizer's attempts to shut down its defined benefit pension scheme for 900 employees.

Pfizer employs 3,200 people in Ireland with over 2,200 already on its defined contribution pension schemes. The vote by Siptu members follows the union recently rejecting a Labour Court recommendation on the matter.

A spokeswoman for Pfizer said the company "is disappointed Siptu has indicated industrial action will take place."

Irish Independent

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