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Pfizer Inc.

Pharma company purchases California discovery and development campus

Published in Pharma Law Weekly, November 30th, 2004

Pfizer Inc. announced that it has purchased the company's La Jolla pharmaceutical discovery and development campus for $372 million.

The campus consists of approximately 1 million square feet of laboratory and office space on a 33-acre site.

"We are making this investment in recognition of the important contribution of La Jolla to the success of Pfizer's global research and development efforts," said Catherine J. "Kitty" Mackey, PhD, senior vice president of Pfizer Global Research and Development (PGRD) and La Jolla site head. "California is an important strategic location for life sciences research and we have the scientific talent and facilities at...

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