Industry & Business

Biotechnology

Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

    Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a […]

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BD Opens New State-of-the-art R&D Facility in Limerick

    BD Opens New State-of-the-art R&D Facility in Limerick

BD, a leading global medical technology company, is to create 85 new jobs for the Limerick region. The announcement was made as Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection Pat Breen TD, officially opened BD’s Research Centre Ireland (RCI) in Limerick’s National Technology Park. The €21 million investment in BD’s […]

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McArdle Skeath Opens €20 Million Dublin Supply Chain facility

    McArdle Skeath Opens €20 Million Dublin Supply Chain facility

McArdle Skeath, one of Ireland’s leading supply chain management providers, has opened its new 12,500 sq m temperature controlled storage facility in Hollystown, Dublin 15. The supply chain facility represents a €20 million investment by McArdle Skeath and is strategically positioned to service the nutritional and bio-tech sectors. The company, 50 years in business this […]

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€22 Million Funding For New Bio-economy Research Project Led by Glanbia Ireland

    €22 Million Funding For New Bio-economy Research Project Led by Glanbia Ireland

The European Commission has announced €22 million in funding for a new bio-economy research project to be led by Glanbia Ireland. The project, called AgriChemWhey, will receive €22 million in funding from the Bio-Based Industries Joint Undertaking (BBI JU) under the European Union’s Horizon 2020 research and innovation programme.
It is the first dairy industry project to […]

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Diaceutics Raises €4.3 Million to Support Global Expansion

    Diaceutics Raises €4.3 Million to Support Global Expansion

Irish company, Diaceutics, the diagnostic commercialisation company that improves patient outcomes via better diagnostic testing, has raised €4.3 million in new mezzanine financing from two partners, WhiteRock Capital Partners and Silicon Valley Bank. The money will be used to support the organisation’s continued global expansion.
Specifically, Diaceutics will use the funding to invest in the data analytics […]

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2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

    2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over 1,000 visitors from across the major industrial sectors in Ireland to the Citywest Hotel, Dublin, on Wednesday, March 14th.
The visitors who braved the inclement weather were able to meet with the key organisations that are […]

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Emerson Collaborates With NIBRT to Help Upskill Ireland’s Biopharma Workforce

    Emerson Collaborates With NIBRT to Help Upskill Ireland’s Biopharma Workforce

Emerson is providing automation software and systems valued at US$ 1 million (approximately €820,000) to Ireland’s National Institute of Bioprocessing Research and Training (NIBRT) to help train next-generation workers on the latest technologies designed to optimise pharmaceutical production.
The collaboration will bring one of the most extensively used automation platforms in the biopharmaceutical industry, Emerson’s DeltaV™ […]

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Pharmaceutical Industry Unlikely to Avoid Harsh Brexit

    Pharmaceutical Industry Unlikely to Avoid Harsh Brexit

By John Whelan 
International policy leaders attending the recent Bio Pharma Ambition conference in Dublin Castle were addressed by Dr Lorraine Nolan, the chief executive of Ireland’s Health Products Regulatory Authority and a member of the European Medical Agency (EMA). She stressed that continued  good working relationships with the UK regulatory MRHA, would be essential for the […]

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MSD is to Develop a New Biotechnology Facility in Dublin

    MSD is to Develop a New Biotechnology Facility in Dublin

MSD is to develop a new biotechnology facility in Dublin, with the expected creation of up to 350 new jobs. Known as MSD Biotech, Dublin, the facility will be constructed on an existing MSD-owned property, the site of its former facility in Swords, Co. Dublin.
Commenting on the announcement, the Minister for Business, Enterprise and Innovation, […]

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NIBRT Publishes 2017 Annual Report

    NIBRT Publishes 2017 Annual Report

The National Institute for Bioprocessing Research and Training (NIBRT) has published its 2017 Annual Report, announcing substantial growth across all areas of research and training activity. 2017 was another excellent year for NIBRT, a year which saw activities continue to grow on the back of a robust and thriving biopharma sector. In particular, NIBRT research […]

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AnaBio Appoints Dan MacSweeney as Chairman

    AnaBio Appoints Dan MacSweeney as Chairman

Dan MacSweeney has been appointed as Chairman of the Board of Directors of Irish biotechnology company AnaBio Technologies. Dan MacSweeney has served for 25 years as CEO of Carbery Group, an Irish based cheese and food ingredients business. He led the company to become a global player in dairy ingredients, flavours and natural extracts. He retired […]

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NY’s largest health care provider partners with Irish companies Technopath and Salaso

    NY’s largest health care provider partners with Irish companies Technopath and Salaso

Leveraging its strategic partnership with Enterprise Ireland, Northwell Health has announced two new partnership agreements with Irish companies Technopath Clinical Diagnostics and Salaso Health Solutions Limited.
Northwell Health President and Chief Executive Officer Michael J. Dowling were in Ireland to formally announce the two deals together with An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald and Enterprise Ireland CEO Julie Sinnamon. […]

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Synexa Life Sciences opens international HQ in Dublin

    Synexa Life Sciences opens international HQ in Dublin

Synexa Life Sciences, a global leader in biomarker services, has announced the opening of its international headquarters in Dublin. The new centre will be home to Synexa’s global business development activities and a new Bioinformatics Lab, and is expected to create up to 30 highly skilled jobs over the next five years.
Welcoming the decision by […]

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Smart Factory to Launch MES Data Entry Stations

    Smart Factory to Launch MES Data Entry Stations

Post Provided by Smart Factory.
Smart Factory is to launch a Manufacturing Execution System (MES) range of mobile and fixed data entry stations with various screen options and full keyboard options during the first quarter of 2017 The stations are rated IP65, which means that they are protected against dust ingress and against low pressure water jets […]

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Founder of THEYA Healthcare Shortlisted for Cartier Awards

    Founder of THEYA Healthcare Shortlisted for Cartier Awards

Irish entrepreneur, Ciara Donlon, founder and CEO of medical device company THEYA Healthcare has been shortlisted as a finalist for the 2017 Cartier Women’s Initiative Awards.
Ciara is the only Irish entrepreneur shortlisted for the European Award category alongside an entrepreneur from Russia and an entrepreneur from the UK.
The Cartier Women’s Initiative Awards are an international business […]

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OxyMem Named in the 2017 Global Cleantech 100

    OxyMem Named in the 2017 Global Cleantech 100

Irish wastewater Aeration company, OxyMem, was named for the second time in the prestigious 2017 Global Cleantech list 100 in San Fransisco on Tuesday.  OxyMem, a University College Dublin (UCD) spin-out company and the only Irish company to make this list, is commercialising the Membrane Aerated Biofilm Reactor (MABR) technology, an innovative solution to reduce costs […]

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AbbVie and GMI Announce Landmark Population Genomics Alliance

    AbbVie and GMI Announce Landmark Population Genomics Alliance

Biopharmaceutical company AbbVie, life-sciences startup Genomics Medicine Ireland Limited (GMI), and WuXi NextCODE, the global contract genomics organisation, launched a long-term strategic alliance on Monday to conduct population genomics research in Ireland aimed at advancing the discovery and development of novel therapeutic approaches to a range of serious diseases. The 15-year collaboration will focus on […]

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Lean Changeover in Biopharm Facilities: Using a Data Driven Paperless System

    Lean Changeover in Biopharm Facilities: Using a Data Driven Paperless System

The trend in Biopharmaceutical manufacturing is shifting away from large, single-product facilities to smaller-scale, flexible, multiproduct facilities. This in turn is leading to greater equipment changeover efforts between campaigns/batches and associated GMP documentation efforts required to manage and record that all activities have been completed successfully in compliance with corporate and regulatory requirements.
Manufacturers employ various […]

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Government to Grant More Than €28m for Agri-Food, Marine and Forest Research

    Government to Grant More Than €28m for Agri-Food, Marine and Forest Research

The Minister for Agriculture, Food and the Marine, Michael Creed, announced on Thursday awards of over €28 million for collaborative inter-institutional research projects under the Department’s competitive research funding programmes.
The 43 awards involve collaborations between 19 different institutions and organisations including Teagasc, a number of universities and institutes of technology.  The research investment announced will […]

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Carten’s New Sanitary Ball Valves – Sterile, Aseptic and Sanitary Valves for Biotech, Pharma, Food and Beverage Applications

    Carten’s New Sanitary Ball Valves – Sterile, Aseptic and Sanitary Valves for Biotech, Pharma, Food and Beverage Applications

Sanitary ball valves are generally used on the utility side of processing – for example caustics delivered to a CIP skid to formulate recipes for cleaning product lines, processing plant steam, and bulk utility supplies. The design and operation of ball valves make them unsuitable for product contact surfaces, but can be required at certain […]

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West Pharmaceuticals Expansion to Create 100 Jobs

    West Pharmaceuticals Expansion to Create 100 Jobs

Medical manufacturer West Pharmaceutical Services, Inc. announced on Tuesday, November 29, the completion of a 60,000 square foot expansion at its contract manufacturing facility near Mulhuddart, County Dublin. The expansion was initiated in response to customer demand for medical device manufacturing, especially in the area of diabetes.
West Pharmaceutical Services, Inc. manufactures packaging components and delivery […]

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Medicine Research Network Launched at UCC

    Medicine Research Network Launched at UCC

The UCC School of Pharmacy-led PEARRL (Pharmaceutical Education and Research with Regulatory Links) Network officially launched this week. The network, funded by Horizon 2020 and Marie Sklodowska-Curie innovation programme, aims to achieve earlier patient access to new medicines, has been launched.
The PEARRL project brings together 18 leading European institutions, including Pharma industry, academia and regulatory […]

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Genetics Food Tracing Company Expands in Dublin

    Genetics Food Tracing Company Expands in Dublin

Genetics company IdentiGEN announced on Friday, November 25, that 20 graduate and post-graduate jobs will be created as the company expands its headquarters in Dublin.  IdentiGEN intends to hire data scientists and biotechnologists to work on DNA testing of meat and seafood products at the company’s headquarters in Dublin.
IdentiGEN provides traceability of meat and seafood […]

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‘Internet of Things’ Implementation Boosts Employee Production by Seven Hours Per Week – Survey

    ‘Internet of Things’ Implementation Boosts Employee Production by Seven Hours Per Week – Survey

A survey conducted by Equinix found that Irish companies that have utilised the “Internet of Things” (IoT) reported a boost in productivity of seven hours per week per employee. The report, released on Thursday, November 24, also found that 89% of financial services companies and 69% of government and public sector bodies do not deploy […]

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Valitacell win InterTradeIreland Seedcorn Competition

    Valitacell win InterTradeIreland Seedcorn Competition

Dublin biotech company, Valitacell, was crowned the overall winner of the 14th annual InterTradeIreland Seedcorn competition on Wednesday, 23 November. Valitacell won a cash prize of €100,000 at the grand final held at The Waterfront Hall in Belfast.
Dundalk based Gecko Governance who won the Best Early Stage Company Category award and a cash prize of […]

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UDG Healthcare Announces 8% Increase in Operating Profit

    UDG Healthcare Announces 8% Increase in Operating Profit

Dublin-based Healthcare services provider UDG released preliminary results of their financial year on Thursday, November 24, which showed an 8% increase in operating profit for continuing operations over 2015. The results for the year ending on September 30 show increases in revenue, operating profit, profit before tax, earnings before interest, taxes, depreciation and amortization (EBITDA) […]

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EpiCor Therapeutics wins UCD Start-up of the Year Award

    EpiCor Therapeutics wins UCD Start-up of the Year Award

Biotech start-up EpiCor Therapeutics won the UCD Start-Up of the Year Award 2016 on Thursday, November 17. It received a €20,000 prize as part of the overall winner award of the UCD VentureLaunch Accelerator Programme. The start-up is aiming to develop a treatment for hypertrophic obstructive cardiomyopathy (HOCM), a significant cause of sudden cardiac death.
HOCM […]

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Medtronic Releases Second Quarter Financial Report

    Medtronic Releases Second Quarter Financial Report

Dublin-headquartered medical device company Medtronic reported the financial results of its second quarter on Tuesday, November 22.
The company reported second quarter worldwide revenue of $7.345 billion, an increase of 4 percent, or 3 percent on a constant currency basis, however Medtronic CEO  Omar Ishrak said that second quarter revenue was “disappointing and did not meet […]

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Minister launches new Design+ Technology Gateway initiative

    Minister launches new Design+ Technology Gateway initiative

A new initiative designed to help developing businesses in the engineering, ICT & software and biosciences sectors has been launched by Minister of State for Employment and Small Business, Pat Breen.
The Design+ Technology Gateway was announced at the Institute of Technology, Carlow, and will help to leverage the industry focused expertise within the college and […]

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Medtech uni spin out wins £500k in funding

    Medtech uni spin out wins £500k in funding

A spin-out company from Queens University Belfast that specialises in medtech that can be used as diagnostic instruments has won £500,000 in funding.
Kernel Capital, a venture fund from the Bank of Ireland, has provided the capital for Causeway Sensors as part of its Growth Fund (NI) that was designed to help SMEs in Northern Ireland […]

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Dublin startup scores €85 million funding for new approach to cancer therapy

    Dublin startup scores €85 million funding for new approach to cancer therapy

Carrick Therapeutics, a Dublin-based startup specialising in a unique approach to cancer therapies, has launched having secured $95 (€85) million in funding.
Heavyweight investors have lined up to support the Irish company, with US firm ARCH Venture Partners, leading UK firm Woodford Investment Management and GV (Google Ventures) among those who have provided the capital. Lightstone […]

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Irish owned Team Horizon expands to the U.S.

Team Horizon, the global life-science services firm, has expanded its global footprint with the announcement of a new office in Philadelphia.
Founded in Westport, the company’s core expertise is in high demand in North America with an established client base in Texas, North Carolina and Canada. By the second half of next year, the company plans […]

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Science programmes accompany new Amgen facility

    Science programmes accompany new Amgen facility

Biotechnology company Amgen, which yesterday unveiled its €260m facility in Dún Laoghaire, has launched two science education courses aimed at reaching more than 53,000 students and hundreds of teachers.
Amgen and its philanthropic arm announced Amgen Teach and Amgen Biotech Experience, which aim to equip secondary school teachers with the skills to increase students’ literacy and […]

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