Pfizer restarts production at tornado-hit North Carolina plant, but drug supply will still be affected

Pfizer restarts production at tornado-hit North Carolina plant, but drug supply will still be affected


In this aerial image, damage is seen to a Pfizer pharmaceutical factory after a tornado hit the facility two days earlier, on July 21, 2023 in Rocky Mount, North Carolina.

Sean Rayford | Getty Images

Pfizer on Monday said it has restarted most production lines at a drug manufacturing plant that was severely damaged by a tornado two months ago, but added that some medicines from the facility may be in short supply until at least mid-2024.

In a statement, Pfizer stressed that it has only made the “first step toward full recovery” of its plant in Rocky Mount, North Carolina. The company expects the facility’s operations to fully resume by the end of the year.

The Rocky Mount plant supplies nearly 8% of all sterile injectable medicines used in U.S. hospitals, including anesthesia, analgesia, therapeutics, anti-infectives and neuromuscular blockers. The facility also manufactures about 25% of the company’s drugs in that category. 

Pfizer in August warned hospitals that some medicines could see supply disruptions. 

One injection from the plant was in short supply as of late last month, according to a database from the American Society of Health-System Pharmacists. It was a type of sodium chloride injection, which is used to replenish water and salt lost as a result of certain conditions. 

Pfizer on Monday said it has restarted production of about 13 medicines, which were prioritized based on “patient need and inventory levels.” The company did not specify which drugs those are.

Pfizer said it is also continuing to monitor emergency request orders for certain medicines manufactured at the Rocky Mount plant. The company implemented the emergency ordering process in August to manage the distribution of 12 drugs “in high medical need.”

Pfizer’s announcement comes as the U.S. is already facing an unprecedented shortage of medicine, ranging from ADHD pills to pain medicine to injectable cancer therapies. Those shortages are driven by manufacturing quality control issues and surges in demand, among other factors.



Source

We’re buying the dip in a health and life sciences stock that has gone down enough
Health

We’re buying the dip in a health and life sciences stock that has gone down enough

We’re buying 20 more shares of Danaher at roughly $180 each. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 470 shares of DHR, increasing its weighting to about 2.31% from about 2.22%. While Danaher has certainly been one of a handful of problematic stocks in the portfolio, we are stepping into the name here, […]

Read More
Roche targets becoming top 3 obesity player as experimental drug enters late-stage trial
Health

Roche targets becoming top 3 obesity player as experimental drug enters late-stage trial

The Roche Holding AG headquarters on April 11, 2025, in Basel, Switzerland. Sedat Suna | Getty Images News | Getty Images Swiss pharmaceutical firm Roche is targeting becoming a top three obesity player globally, posing a potential rival to heavyweights Novo Nordisk and Eli Lilly as it advances one of its experimental weight-loss drugs to […]

Read More
Eli Lilly to build .5 billion Texas manufacturing facility for obesity pill, other drugs
Health

Eli Lilly to build $6.5 billion Texas manufacturing facility for obesity pill, other drugs

A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill.  It is the second in […]

Read More