Industry & Business

Medical

i360 Medical signs diagnostic deal with US and Asian firms

    i360 Medical signs diagnostic deal with US and Asian firms

Irish healthcare solutions and medical device innovation company, i360 Medical has signed a deal with the US-based Feinstein Institute for Medical Research and Singapore’s Diagnostics Development Hub.
The deal has been agreed to target the development of medical device and diagnostic technologies with an initial focus on surgical procedures, intra-operative diagnostics and diabetic management.
The chief executive […]

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Malin Announces Investment in Gene Therapy Company Poseida Therapeutics, Inc.

    Malin Announces Investment in Gene Therapy Company Poseida Therapeutics, Inc.

Malin, an Irish-based company set up by a number of former Elan executives is to invest in privately held life science assets, Poseida Therapeutics.

The deal will see Malin acquire a 31pc stake in Poseida, which is working on treatments for liver disease and cancer using genome engineering described by Malin as “ground-breaking”.

Poseida is a US-based, privately-held human […]

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20 jobs for Galway with medtech company Aerogen

Galway-based medtech company Aerogen has announced it plans to create 20 jobs in 2016.
Aerogen just recently won the 2015 Zenith Award for respiratory care excellence. They were nominated for the award by the American Association of Respiratory Care (AARC) who decided that the Irish company were worthy of being winners for the second time in three […]

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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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SFI Europe and AbbVie announce €10m investment

Minister for Jobs Mr Richard Bruton has announced a joint investment of €10 million by the Department of Jobs, Enterprise and Innovation through Science Foundation Ireland (SFI) in a partnership with leading international biopharmaceutical company AbbVie to undertake two new therapeutic research collaborations in Ireland.
The collaborations, which will each investigate disease markers and potential targets […]

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Pfizer in talks to aquire Allergan

    Pfizer in talks to aquire Allergan

Pfizer is in talks to acquire Allergan in a $370 to $380 deal for each Allergan share, the global drug industry’s largest ever.
While negotiations have made progress in recent days, an agreement is not imminent and its timing remains uncertain following the Treasury’s disclosure that it would seek to tighten the rules on inversions.
The development throws […]

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Dundalk’s Blueacre Technology secures role in €4.5m EU research project

Blueacre Technology are specialists in the field of laser marking and engraving.
Dundalk-based Blueacre Technology has secured a role in a €4.5m EU research project developing next-generation surgical devices with eight other companies from Europe.
Openmind is the name of a new EU-funded project aiming to create an actual supply chain of customised medtech devices. This results in […]

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Euromedic creates 100 jobs with Affidea rebrand

Affidea, a Diagnostic healthcare provider, is to create 100 jobs over the next 18 months as part of a new €15 million investment.
The company, which was previously known as Euromedic,  said the new positions will be a mix of clinical and administrative roles.
Affidea, which announced its rebrand on Thursday, entered the Irish market in March 2007 with […]

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First ever female recipients of the Researcher of the Year accolade at the SFI Science Summit

Professor Geraldine Boylan and Professor Louise Kenny have been announced as the Science Foundation Ireland Joint Researchers of the Year 2015.
Minister for Skills, Research and Innovation, Damien English TD made the announcement at the SFI Science Summit, to an audience of 300 researchers in attendance.
Professor Geraldine Boylan and Professor Louise Kenny the joint Directors of […]

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175 jobs in question as Medtronic to close customer care centre

Medtronic employs 4,000 people across Ireland
Medtronic, a medical device company, is closing its customer care centre in Dublin, creating a major doubt over the 175 jobs there.
Staff at the company were understood to have been told yesterday that the company’s customer care centre was likely to be shut by next June, according to the Communications […]

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MedinIreland 2015 highlights- Ireland’s medtech evolution

An Taoiseach, Enda Kenny TD, Eadaoin Ledwidge, Connexicon Medical and 5 year old Tara Burns helping to demonstrate Connexicon’s topical Tissue Adhesive with Terence O’Rourke, Chairman, Enterprise Ireland and Julie Sinnamon, CEO, Enterprise Ireland
The Taoiseach, Enda Kenny TD, today opened Enterprise Ireland’s showcase for medical device and diagnostic products, MedinIreland 2015. The biennial event, being […]

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Neuromod raises €5.5m to fund clinical trials for device in the US

    Neuromod raises €5.5m to fund clinical trials for device in the US

Irish company Neuromod has raised €5.5 million to fund clinical trials in the US for a device that targets millions of people suffering from chronic tinnitus.
Tinnitus, often described as a ringing or buzzing in the ears, affects as many and there are very limited treatment options currently available.
Neuromod, a company spun out of NUI Maynooth, […]

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Top 250 Exporters in Ireland and Northern Ireland 2015

    Top 250 Exporters in Ireland and Northern Ireland 2015

Investec & Irish Exporters Association: FDI companies dominate Ireland’s export industry
-Investec Sponsored Irish Exporters Association Report shows significant growth in export sales with value of top five exporters increasing by 23.5% year-on-year-
Minister for Jobs Richard Bruton officially launches Top 250 Exporters
Dublin. Monday, 21st September, 2015: The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD […]

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Bristol-Myers buys rights to fibrosis drug for up to $1.25bn

    Bristol-Myers buys rights to fibrosis drug for up to $1.25bn

Bristol-Myers Squibb Co. is paying up to $1.25 billion for the rights to a developing fibrosis drug in a deal that also gives it the right buy drug developer Promedior Inc.
Bristol-Myers will buy worldwide rights to drug candidate PRM-151, currently in midstage development as a treatment for the lung condition idiopathic pulmonary fibrosis and bone […]

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Johnson & Johnson to invest €100m in expansion of production facility in Limerick

    Johnson & Johnson to invest €100m in expansion of production facility in Limerick

Minister for Jobs, Enterprise and Innovation, Richard Bruton and Minister for Finance, Michael Noonan have announced that Johnson & Johnson Vision Care which operates as Vistakon Ireland is to invest over €100 million in the expansion of its manufacturing operations.
It is expected that the 18 month construction period at the National Technology Park in Limerick […]

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West Pharma plant could deliver up to 300 jobs for Waterford

    West Pharma plant could deliver up to 300 jobs for Waterford

Up to 300 new jobs could be created by a global pharmaceutical packaging giant in the coming years on a 44-acre site in Waterford where construction will start next month.
West Pharmaceutical Services, which makes packaging components and “drug delivery systems” for pharmaceutical products, announced last year it will be employing 150 people at its new […]

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Ireland to be fastest growing economy in Europe

    Ireland to be fastest growing economy in Europe

Ibec, the group that represents Irish business, today said that despite disappointing preliminary growth figures for the third quarter, the economy will significantly outperform the rest of Europe and grow by a spectacular 5.7% this year. In 2014 the recovery finally reached the domestic economy. Unemployment is falling, investment is on the rise and the […]

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Sustainable Food & Beverage Manufacturing Conference & Exhibition is Major Success

    Sustainable Food & Beverage Manufacturing Conference & Exhibition is Major Success

450 delegates from food and drink businesses across the UK and Ireland attended the inaugural Sustainable Food & Beverage Manufacturing Conference & Exhibition, which was held at the Motor Cycle Museum, Birmingham on Thursday, 23rd of October 2014.
In line with the event’s theme of ‘sustainable growth for sustainable profits’, the speakers at the Conference were […]

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