, Singapore

30 Pfizer workers to get affected by Singapore research unit's exit

Here's a glimpse of Pfizer's plan for them.

According to a media statement by Pfizer, the company will be closing its Singapore Pfizer Clinical Research Unit (PCRU) in 2013.

The decision was made as part of Pfizer Worldwide Research & Development’s ongoing comprehensive effort to increase operational efficiencies and to create a more focused and sustainable R&D engine.

They assured that this will not impact any of Pfizer’s other operations in Singapore, or Pfizer’s other R&D operations in Asia. Both Singapore and Asia as a region, remain core to Pfizer’s global business strategy

Approximately 30 Pfizer colleagues work at the Singapore PCRU. All colleagues may apply for open positions in WRD or other Pfizer organizations within Singapore and globally based on interests and qualifications. Moreover, we will ensure that we help colleagues impacted by this decision through this transition.

"We are confident that these changes will enhance our competitiveness and allow us to target investments that derive the greatest value based on current and future research strategies," the statement read.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Boustead net profit falls 10% despite 38% revenue jump
Real estate, geospatial, and energy engineering divisions drove the sales growth.
Raffles Education revenue sinks 15% to $24.7m in Q1
The Bangkok school plans to expand capacity to accommodate 1,700 students.
HR & Education