Sanofi to shut UK plant with loss of more than 400 jobs

Sanofi is to close its pharmaceutical manufacturing plant in Newcastle, England with the loss of more than 400 jobs. The company said that "the proposal is being considered in the context of an adverse economic climate and the challenging pharmaceutical market in Europe."

The drugmaker noted that the Fawdon plant, which produces solid dose oral medications mainly for the UK and European markets, would close by mid-2015. Sanofi explained that "the products manufactured at the Fawdon site have been adversely impacted by other factors, including generic competition, resulting in a fall in demand and production volumes." A spokesman said that consultations had begun with employees.

Sanofi, which currently employs around 1800 people in the UK, confirmed last year that it was reorganising its European operations under its strategic 2009 Transforming programme.

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