News - Jobs axed as drugs factory closes
A pharmaceutical company has confirmed it will close its Hampshire manufacturing plant.
In June, Eli Lilly said it planned to close the factory unless an alternative drugs firm could take over the Drug tadalafil
site and its 555 employees.
No buyer was found and manufacturing will stop at the end of 2007.
Company directors have said the cuts have been made due to “over capacity” and they hope to relocate some employees to other UK sites.
The company had carried out employee consultation on the closure and has said about 100 employees will be eligible for retirement.
US-based Eli Lilly manufactures medicines erectile dysfunction new drugs
Prozac, a drugs tadalafil
for clinical depression and Cialis, a treatment for erectile dysfunction.
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