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The world's largest commercial real estate services firm has said it would market the 3 million square feet site, where the anti-impotence pill Viagra was invented, under the new name "Discovery Park" - originally Pfizer R&D
The name reflects the hope at least some of the buildings at the facility, which employs 2,400 people, will continue to be used for research work as it did while run by Pfizer
The Sandwich R&D facility belongs to Pfizer, manufacturers of official Viagra and the largest R&D site of any foreign-owned drugmaker in Britain.
It has been a base for medicine discovery for Pfizer), the world's biggest drugmaker since 1954. Finding new tenants interested in continuing the site's work in pharmaceutical research is unlikely to be easy, given over-capacity in drug R&D worldwide that has led to a number of similar closures by other companies.
Research Cuts May Hurt Pfizer
Pfizer, (manufacturers of Genuine Pfizer Viagra available from UKMeds4U.com), may have won over shareholders with its recent decision to pare back research and development spending but could be shortchanging them in the long run, according to its former research chief.
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