Pfizer is expected to start making substances for the vaccine in Ireland by the end of the year.
Pfizer is to hire 75 new staff at its Dublin facility in order to help produce COVID-19 vaccines.
The plant in Grange Castle is expected to start making substances for the jab by the end of the year.
Production in Dublin will contribute to the worldwide supply of the vaccine.
The head of Pfizer's Irish operations says it is a significant development of which the team is immensely proud, while Taoiseach Micheál Martin has said it puts Ireland at the heart of the EU’s fight against the pandemic.
Great news that @Pfizer_Ireland will soon begin production of #CovidVaccines here in Ireland.
Not only will the $40m investment create 75 new jobs at Grange Castle in Dublin – it also puts Ireland at the heart of the EU’s fight against the pandemic.
— Micheál Martin (@MichealMartinTD) May 19, 2021
Bernard Mallee from the Irish Pharmaceutical Healthcare Association has also welcomed the announcement:
"This now puts us into the COVID-19 vaccine supply chain network. $40,000,000 of an investment in Grange Castle at Pfizer, 75 roles on top of the [more than 1,000] people there already, so a really important milestone for the COVID pandemic response and for the industry in Ireland."