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Pfizer denies Brexit link to two UK site closures

(c) Sky News 2016: <a href="http://news.sky.com/story/pfizer-denies-brexit-link-to-two-uk-site-closures-10650328">Pfizer denies Brexit link to two UK site closures </a>

US drugs company Pfizer (NYSE: PFE - news) has announced plans to close two sites in the UK, placing 370 jobs under threat.

The maker of Viagra said the decision was made following a review of its global supply network - insisting there was not a link with the UK's vote to leave the EU.

"It is important to note that these proposals are in no way related to the result of the Brexit decision," the company said.

The pharmaceutical firm said the Hospira UK (Aseptic Services) Compounding site in north London, where it employs 100 people, would shut in mid-2017.

Its packaging and distribution plant in Havant would close by the end of 2020.