US pharmaceutical company Pfizer has announced 100 jobs will be created with the construction of a new research and development centre in Co Cork.
The firm - which currently employs 2,300 people - is expected to announce the multi-million euro investment later today for the new plant at Ringaskiddy in Cork.
Pfizer will develop biologics used for the treatment of cancer in the centre, which is due to start operating in 2009.
It is expected that 100 jobs will be created at the plant and another 500 people will be employed during the construction of the project. The company could also invest up to €200 million, with support of IDA Ireland in the creation of the plant.
Enterprise Minister Micheal Martin announced full details of the project.
(JM)
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