Alan O’Leary SIPTU National Sector Organiser Pharmaceutical Chemical and Medical Devices A Brief Introduction to the Pharmaceutical & Chemical Sector in Ireland SIPTU Irelands largest Trade Union • SIPTU general trade union- 200,000 members in Public & Private Sector • Pharmaceutical Chemical & Medical Devices Sector 13,000 members • Manufacturing Division 45,000 members Pharmaceutical Chemical Sector Profile • 25,000 workers employed in Industry • 9 of top 10 global MNC’s located in Ireland • Highly qualified workers almost half hold third level qualifications • Ireland is the Largest Net Exporter of Pharmaceutical Medicines in the World (WTO) Pharmaceutical chemical Sector Profile • Combined with Medical Devices- Sector contributes over 55% of Total Exports • 5 of the worlds 12 top selling medicines are made in Ireland & accounted for $27 billion in 2010 sales • 2011 Pharmaceutical & Chemical sector exported products worth 56bln euro Pharmaceutical Healthcare Facts and Figures 2012 Leading Companies by Sales Globally 2010 Source: IMS Health Midas, (December 2010) Pharmalive, (August 2011) Pfizer Ireland facts Pfizer footprint in Ireland Key facts: Approximately 3,200 Pfizer employees Pfizer is one of Ireland’s leading employers and one of the largest pharmaceutical sector investor in the country Pfizer’s presence in Ireland Dublin Citywest Dublin Treasury Center & The Irish sites manufacture some of Pfizer’s best selling medicines e.g. Lipitor (cholesterol reducing), Viagra (urology), Sutent (oncology), in addition to a range of other products, including APIs1), and Injectibles GFS Shared Services E Grange Castle Kildare Newbridge Cork Little Island OSG Ringaskiddy Office Manufacturing 1) API: Active Pharmaceutical Ingredient Global Financial Solutions Shared Services Europe and Treasury Centre operations are based in Dublin Pfizer Ireland’s commercial headquarters in City West, Dublin. Ireland Pharmaceutical & Chemical Sector -Challenges • Industry Growth is significantly dependant on trading partners & EU economic activity • Patent Cliff currently major challenge effecting MNC’s in Ireland Pfizer- Lipitor, Viagra (2015) Novartis- Glevic, Diovan Merck Sharp Dohme- Singulair Ireland Pharmaceutical & Chemical Sector- Strengths Highly Qualified staff Launch sites for new products Evidence of re-investment- GSK, Becton Dickinson. Stable Industrial Relations- (Pfizer 45 yrs.) Irish Pharmaceutical & Chemical Sector- Conclusions Industry is Strategically a very important sector to Ireland’s economy –Jobs & Exports. Ireland remains a location of choice for top global Pharmaceutical & Chemical MNC’s. Challenges remain- Patent Cliff & EU economic activity. Stable Industrial Relations based on a high level of mutual respect and Trust Thank You Alan O’Leary