Pfizer announced this week that it will idle production at two facilities potentially in the path of Hurricane Florence.
Both plants are located in North Carolina, where Florence is expected to make landfall Thursday evening. One of the facilities, run by the company’s sterile injectables division, Hospira, has already been grappling with production delays for opioid analgesics.
But Pfizer said it made the decision to halt production to protect its staff, and that it has contingency plans in place to protect its supply of medications.
Florence is expected to make landfall late Thursday or early Friday. Forecasters predict that some areas of the North Carolina coast could experience storm surges over 10 feet, and 30 to 40 inches of rain.
Read the full Bloomberg report.