Industry & Business

Medical

CLS Marks 25-year Anniversary With 100 New Jobs

    CLS Marks 25-year Anniversary With 100 New Jobs

Complete Laboratory Solutions (CLS), Ireland’s largest privately-owned contract laboratory, is celebrating 25 years in business with the creation of 100 new jobs over the next two years as the MedTech sector continues

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Neurovalens Embarks on Second Ground-breaking R&D Project and Creates 22 New Jobs

    Neurovalens Embarks on Second Ground-breaking R&D Project and Creates 22 New Jobs

Belfast-based health tech company Neurovalens, a global leader of neuro-technology products, is embarking on the development of a ground-breaking medical device for the treatment of obesity. The company specialises in

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Bluedrop Medical Raises €3.7 Million Investment

    Bluedrop Medical Raises €3.7 Million Investment

HBAN has announced that Bluedrop Medical, a Galway-based Medical device start-up, has secured €3.7 million in funding to help manage one of the most devastating complications of diabetes – the diabetic

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Johnson & Johnson Vision Care Investing €100 Million to Expand Limerick Facility

    Johnson & Johnson Vision Care Investing €100 Million to Expand Limerick Facility

Johnson & Johnson Vision Care (Ireland) will be adding approximately 100 new roles as part of a €100 million expansion of its manufacturing operations at its site in the National

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CroíValve Raises €3.2 Million in Oversubscribed Funding Round

    CroíValve Raises €3.2 Million in Oversubscribed Funding Round

CroíValve, a medtech start-up providing a safe and effective treatment for tricuspid regurgitation, has secured €3.2 million in an oversubscribed seed financing round. The round was led by the HBAN

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New Financing Opportunities For Companies Following €30 Million EIB Backing For Galway Medtech Firm

    New Financing Opportunities For Companies Following €30 Million EIB Backing For Galway Medtech Firm

Future medical technology investment by Galway-based Aerogen will be supported by a €30 million loan agreed with the European Investment Bank as highlighted at the recent first sector focused EIB-IBEC financing

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TriMedika Secures Four Export Contracts

    TriMedika Secures Four Export Contracts

TriMedika has secured four new orders of its innovative non-contact thermometer at Medica 2018, the world’s leading trade fair for the medical industry. The deals in Switzerland, Germany and Austria

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Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

    Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

Bausch Health Companies will invest to expand contact lens manufacturing capacity at its Bausch + Lomb sites in Waterford, Ireland and Rochester in the US. The company is adding multiple

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Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

    Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform leveraging data from global clinical laboratories, which will improve the

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HealthBeacon Opens New Production Facility

    HealthBeacon Opens New Production Facility

Irish digital health technology company HealthBeacon has officially opened its newly expanded Irish headquarters in Dublin 12. HealthBeacon has been on an upward trajectory since founding in 2014, with 2018

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HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

    HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

 HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTrade Ireland, has announces that its MedTech

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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

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New Atlantic MedTech Cluster Launched

    New Atlantic MedTech Cluster Launched

Eight indigenous MedTech specialist companies have formed an innovative business cluster to promote Ireland as a global centre of excellence for the industry. The Atlantic MedTech Cluster is one of

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Fusion Antibodies Doubling Workforce as it Targets Global Business

    Fusion Antibodies Doubling Workforce as it Targets Global Business

Belfast-based Clinical Research firm, Fusion Antibodies has announced plans to create 28 new jobs. This recruitment drive, supported by Invest Northern Ireland, will help Fusion deliver its services to its growing international

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UCD Opens Ireland’s First Hospital Knowledge Transfer Offices

    UCD Opens Ireland’s First Hospital Knowledge Transfer Offices

University College Dublin (UCD), in partnership with St. Vincent’s Healthcare Group (SVHG) and The Mater Misericordiae University Hospital (MMUH), has opened Ireland’s first in-hospital Knowledge Transfer (KT) Offices. The KT Offices

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Irish R&D Supports Bausch + Lomb’s $205 Million Investment in Waterford

    Irish R&D Supports Bausch + Lomb’s $205 Million Investment in Waterford

Over 96% of the lens volume produced by Bausch + Lomb, the global eye care specialist, at its plant in Waterford has been developed by the facility’s in-house R&D Laboratory,

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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

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Edwards Lifesciences to Invest €80 Million in the Mid-West

    Edwards Lifesciences to Invest €80 Million in the Mid-West

Edwards Lifesciences Corporation, the global leader in patient-focused innovations for structural heart disease and critical care monitoring, has announced that the company, headquartered in Irvine, California, USA, has chosen the

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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

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Affidea Grows in Ireland and Opens New ExpressCare Clinic in Cork

    Affidea Grows in Ireland and Opens New ExpressCare Clinic in Cork

Affidea, Europe’s leading diagnostic imaging provider, is investing in Ireland and has officially opened its first ExpressCare clinic in Ireland in the Elysian building in Cork City to serve the

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UCC Scientists Reveal How Food Affects Our Mood

    UCC Scientists Reveal How Food Affects Our Mood

A new book, ‘The Psychobiotic Revolution’, is having a major impact in the field of biomedicine. It reveals that our brain health and state of mind are intimately connected to our

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UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

    UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

The Eastern Corridor Medical Engineering Centre (ECME), a cross border centre of research excellence within the field of cardiovascular medicine, with partners in the Republic of Ireland, Northern Ireland and

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Irish Design Company Chosen to Work on Two Multi-Million Euro EU Projects

    Irish Design Company Chosen to Work on Two Multi-Million Euro EU Projects

Dolmen, an award-winning Irish product design and innovation consultancy, has been chosen to work on an €8million project to help the future of personalised biomaterials; and to work on a

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Largest Ever European Investment Bank Support in Ireland

    Largest Ever European Investment Bank Support in Ireland

The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital

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New Precision Medicine Centre of Excellence Will Improve Patient Treatment

    New Precision Medicine Centre of Excellence Will Improve Patient Treatment

A £10 million Centre of Excellence in Precision Medicine has been launched by Invest Northern Ireland and Queen’s University Belfast.

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Applications Now Open for Cork County Council’s International Start-Up Accelerator Competition for Life Sciences, Medical Technology and Digital Health Companies

    Applications Now Open for Cork County Council’s International Start-Up Accelerator Competition for Life Sciences, Medical Technology and Digital Health Companies

Applications are now open for entrepreneurs all across Ireland to take part in Cork County Council’s International Start-Up Accelerator Competition

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Total Lifetime Cost of Childhood Overweight and Obesity in Ireland Estimated at €7.2 Billion

    Total Lifetime Cost of Childhood Overweight and Obesity in Ireland Estimated at €7.2 Billion

New safefood funded research into the cost of childhood overweight and obesity on the island of Ireland has estimated the

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Global medtech market to be worth €475bn by 2018

    Global medtech market to be worth €475bn by 2018

Ireland must seize the opportunities being created by the continued growth in the global medtech market, expected to be worth

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Irish Medtech Awards launched amid strong industry growth

    Irish Medtech Awards launched amid strong industry growth

Strong growth within the medtech industry is driving further investment and job creation. That’s according to a new survey published

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BioMarin expands facility to manufacture medicine for rare genetic diseases

    BioMarin expands facility to manufacture medicine for rare genetic diseases

Simon Coveney, Minister for Foreign Affairs and Trade, has officially opened a new expansion at BioMarin Pharmaceutical Inc. in Shanbally,

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HealthBeacon to create 20 jobs

    HealthBeacon to create 20 jobs

Dublin-based digital health company HealthBeacon has announced the creation of 20 jobs, which will aim to bring the company’s headcount

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156K cancer patients could miss out on life-saving drugs every year in US and Europe

    156K cancer patients could miss out on life-saving drugs every year in US and Europe

Irish medtech company Diaceutics has announced research results showing that more than 156,000 cancer patients in the US and Europe

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4,000 jobs to be added by 2020 – Irish Medtech Association

    4,000 jobs to be added by 2020 – Irish Medtech Association

The Government must invest in new technologies and skills to reap the benefits from advances in manufacturing, or get left

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Ostoform wins AIB Start-up Academy 2017

    Ostoform wins AIB Start-up Academy 2017

Limerick company Ostoform has won the 2017 AIB Startup Academy competition ahead of 13 other contenders who pitched for the

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Johnson & Johnson buys Neuravi in multimillion euro deal

    Johnson & Johnson buys Neuravi in multimillion euro deal

Galway medtech company Neuravi has been taken over by US life sciences giant Johnson & Johnson Codman Neuro business in

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OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

    OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

OncoMark, a University College Dublin (UCD) spin-out company, announced on Wednesday that it has secured €2.1 million to fund the commercialisation

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ICON Report 12.4 Percent Net Income Increase For 2016

    ICON Report 12.4 Percent Net Income Increase For 2016

Irish-based drug developer ICON reported on Thursday its financial results for the fourth quarter and full year, 2016, showing that the

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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

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Limerick Company Sign €1.1 Million Deal to Distribute Medical Devices in Oman

    Limerick Company Sign €1.1 Million Deal to Distribute Medical Devices in Oman

A delegation of 20 Irish companies, led by Enterprise Ireland and Minister for Employment and Small Business Pat Breen, participated

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€5 Billion Investment in Irish BioPharma Sector

    €5 Billion Investment in Irish BioPharma Sector

Capital investment projects valued at €5 billion have been recently completed or are currently in progress across the Irish biopharma

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Aerie Pharmaceuticals to Establish Athlone Manufacturing Plant

    Aerie Pharmaceuticals to Establish Athlone Manufacturing Plant

Aerie Pharmaceuticals, Inc. announced on Monday that they have entered into a lease agreement with IDA Ireland to establish a

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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

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BD to Build R&D Centre in Limerick

    BD to Build R&D Centre in Limerick

Medical Technology company Becton, Dickinson and Company (BD) announced on Friday that it plans to open a research and development

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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

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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,

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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

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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.

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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%

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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

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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

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Telefex Opens International Headquarters in Athlone

    Telefex Opens International Headquarters in Athlone

US surgical device provider Telefex opened its newly-constructed Global Operations and International headquarters in Athlone on Tuesday, November 15. The

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Irish SME’s score €26.5 million with highest success rate in Horizon 2020 project

    Irish SME’s score €26.5 million with highest success rate in Horizon 2020 project

New figures released by the European Commission show that Ireland has the highest success rate in Europe for the Horizon

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Galway to get 50 jobs as medical devices company SMT sets up EU HQ

    Galway to get 50 jobs as medical devices company SMT sets up EU HQ

Sahajanand Medical Technologies (SMT) is to establish its European headquarters, including a state-of-the-art research, development and innovation centre, in Galway.

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Medical software certification sees Comtrade target 25% growth

    Medical software certification sees Comtrade target 25% growth

Software engineering and solutions provider Comtrade are targeting 25% year-on-year growth between now and 2020, after the company announced that

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Medtech company BD invests €36 million to expand Drogheda operations

    Medtech company BD invests €36 million to expand Drogheda operations

In more good news for Drogheda today, medical technology company BD (Becton, Dickinson and Company) has announced an investment of

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Fort Wayne Metals expands in Castlebar with €10 million investment

    Fort Wayne Metals expands in Castlebar with €10 million investment

Fort Wayne Metals has announced a €10 investment to expand its production operations in Castlebar, with 40 jobs to be

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VistaMed creating 150 jobs in a €10m investment

VistaMed a Co Leitrim medical devices company is to create more than 150 new jobs in a €10m investment. VistaMed is a global

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Government Negotiates for Lower Drug Prices

Over the next four years, the State plans to cut the amount it pays for medication by €775 million.

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