Pfizer Says Impact Of Tornado On Site Is Expected To Affect Supply Of Medicines From Rocky Mount Facility Until At Least Mid-2024; Begun Storing Non-Production Related Materials In A New Warehouse Secured As A Temporary Replacement To Its Hirise Warehouse
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Pfizer has announced that the impact of a tornado on its Rocky Mount facility is expected to affect the supply of medicines until at least mid-2024. The company has begun storing non-production related materials in a new warehouse as a temporary replacement to its Hirise warehouse.
September 25, 2023 | 4:07 pm
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Pfizer's medicine supply is expected to be disrupted until mid-2024 due to tornado damage at its Rocky Mount facility. This could potentially affect the company's revenues and stock price.
The disruption in Pfizer's medicine supply due to the tornado damage at its Rocky Mount facility could lead to a decrease in revenues, which could negatively impact the company's stock price. The company's efforts to mitigate the impact by securing a temporary warehouse for non-production materials shows proactive management, but the overall impact is likely to be negative in the short term.
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