Sandwich Pfizer site not sold after exclusive talks end

Pfizer's Sandwich premises
Image caption Pfizer and London & Metropolitan could not agree commercial terms over the sale of the Sandwich site

Talks between Pfizer and a property developer over the sale of the pharmaceutical company's site in Kent have ended without a deal.

In January Pfizer entered into a period of legal exclusivity with a consortium led by London & Metropolitan for the sale of the site near Sandwich.

The two parties have been unable to agree commercial terms.

A spokeswoman for Pfizer said the company remained focused on the sale of Discovery Park.

She added the company had begun new discussions with interested parties.

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