Industry & Business

Pharmaceutical

GSK opens new €8m state of the art biomass energy plant at Dungarvan site

    GSK opens new €8m state of the art biomass energy plant at Dungarvan site

GSK has announced the opening of an €8 million investment project at its manufacturing site in Dungarvan. The facility was officially opened Friday 23 June, by Site Director Brian Fox. The investment has been utilised to develop a new purpose-built biomass energy facility which is expected to reduce the site’s carbon emissions by up to […]

Read Full Article

Bristol-Myers Squibb to sell Swords manufacturing facility to SK Biotek Co., Ltd.

    Bristol-Myers Squibb to sell Swords manufacturing facility to SK Biotek Co., Ltd.

IDA Ireland has welcomed the joint-announcement by Bristol-Myers Squibb and South Korean company SK Biotek Co., Ltd of agreement for SK Biotek to acquire Bristol-Myers Squibb’s Active Pharmaceutical Ingredients (API) Manufacturing Facility in Swords, Co Dublin.
The announcement confirms that the two companies have signed a definitive purchase agreement for Bristol-Myers Squibb to sell its small […]

Read Full Article

NIBRT and GE Healthcare open new training centre

    NIBRT and GE Healthcare open new training centre

The National Institute for Bioprocessing Research and Training (NIBRT) and GE Healthcare have opened a new training center, where up to 1,500 professionals are expected to receive training annually. The NIBRT-GE Single-Use Centre of Excellence features the latest technologies that will further boost biomanufacturing skills and expertise in Ireland, Europe and globally.
Ireland is one of […]

Read Full Article

Construction to start on GCP2 Production Facility at Takeda Ireland Ltd site

    Construction to start on GCP2 Production Facility at Takeda Ireland Ltd site

Takeda Pharmaceutical Company Limited has announced that a groundbreaking ceremony has been held for its new production facility at the existing Grange Castle site in Ireland. Takeda’s existing footprint at the Grange Castle site will be expanded with the construction of a new standalone, high-containment production facility dedicated to manufacturing its oncology product NINLARO for […]

Read Full Article

MSD Ireland announces 330 new jobs and €280m investment in Carlow and Cork

    MSD Ireland announces 330 new jobs and €280m investment in Carlow and Cork

MSD has announced it will create 330 new jobs and invest €280 million over the next three years at two of its Irish manufacturing sites. The new jobs, which will be created in Carlow and Cork, are as a result of increased global demand for MSD’s medicines and vaccines produced in Ireland, while the investment […]

Read Full Article

Mallinckrodt to create 45 jobs at new Dublin centre

    Mallinckrodt to create 45 jobs at new Dublin centre

Pharmaceutical company Mallinckrodt has reported it is to create 45 high-skilled jobs at its new medical device engineering centre in Blanchardstown in Dublin. The jobs will be in a range of areas including product design, software development and electro-mechanical engineering.
The company’s new centre in Blanchardstown has been set up to consolidate its global device research […]

Read Full Article

MSD to invest in Tipperary plant

    MSD to invest in Tipperary plant

US drug company MSD is set to invest €40 million in its manufacturing facility in Co Tipperary this year, as it installs new technology used to improve a number of products. The investment will bring the total MSD has spent over a three-year period upgrading the Tipperary facility to €75 million.
New technology being installed includes […]

Read Full Article

Shire opens new HQ Office in Dublin City Centre

    Shire opens new HQ Office in Dublin City Centre

Shire has announced the opening of its new office in Ireland at the Miesian Plaza on Dublin’s Baggot Street. Shire’s HQ office will move from its current location in Citywest, including the local commercial and technical operations (supply chain and IT) employees based there, who will move into Baggot Street in the coming months.
Shire has […]

Read Full Article

Diaceutics signs multi-million-euro partnership with BioReference Laboratories

    Diaceutics signs multi-million-euro partnership with BioReference Laboratories

Irish data insights and solutions company Diaceutics has announced a five-year multi-million-euro partnership with US-based BioReference Laboratories. The partnership will see Diaceutics acquire real-time testing data from BioReference, allowing it to help pharmaceutical companies achieve faster rollouts of new drugs through better understanding of the US diagnostics market.
Through its partnership with BioReference, which works with […]

Read Full Article

Price of Basic Metals Rises 12.1 Percent

    Price of Basic Metals Rises 12.1 Percent

The price of basic metals rose 12.1 % in January while other factory gate prices remained relatively stable, according to figures released by the Central Statistics Office on Wednesday. Total monthly factory gate prices increased by 0.2% in January compared to the previous month, and fell by 0.1 % compared to Janaury 2016.
The price index […]

Read Full Article

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 fourth quarter net revenue grew 7.9% year on year to $435.1 million from $403.3 in 2015. This represented 8.4% constant currency growth and 4.2% constant dollar organic growth year on year. Income from operations in […]

Read Full Article

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 in the 2017 edition of Arab Health, which took place at the Dubai International Convention & Exhibition Centre from January 30 to February 2.
One participating company, Fleming Medical, signed a distribution agreement with Muscat Pharmacy […]

Read Full Article

€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 industry, according to Matt Moran, Director of BioPharmachem Ireland, the Ibec association representing the biopharma, pharma and chemical sectors in Ireland. BioPharaChem Ireland’s primary aim is to ensure that Ireland remains a recognised global centre […]

Read Full Article

Almac Group Secures New Premises in Dundalk, Louth

    Almac Group Secures New Premises in Dundalk, Louth

Craigavon-based pharmaceutical organisation, Almac Group, secured new premises in Dundalk, County Louth, in response to increased client demand, it was announced on Thursday.
Almac will make a multimillion euro investment in the new facility at IDA Business Park. The expansion was supported by IDA Ireland. The facility will be used by Almac Pharma Services and Almac […]

Read Full Article

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 new manufacturing plant in the recently-constructed 2,650 square meter IDA Advanced Technology Building in Athlone, Ireland.
Aerie has commenced equipment ordering and will begin internal construction immediately. Estimated project-wide construction and equipment costs are expected to […]

Read Full Article

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 […]

Read Full Article

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 centre in Limerick, creating about 100 jobs.
The €21 million investment in the centre includes an extensive renovation of the former UniGolf facility in the National Technology Park. Once completed, it is planned to house more […]

Read Full Article

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 […]

Read Full Article

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 […]

Read Full Article

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 […]

Read Full Article

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 […]

Read Full Article

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 […]

Read Full Article

CSO Estimates 3.7 Billion Euro Trade Surplus for September

    CSO Estimates 3.7 Billion Euro Trade Surplus for September

Preliminary figures released by the Central Statistics Office on Tuesday, November 15, indicate that Ireland’s seasonally adjusted trade surplus will fall to €3.7 billion in September 2016, from €4.6 billion in August.
The value of goods exported in September 2016 rose by 6% to over €10 billion compared to the previous year, largely driven by a […]

Read Full Article

DPS wins contract for €100 million clinical manufacturing facility in the US

    DPS wins contract for €100 million clinical manufacturing facility in the US

Engineering group DPS, alongside its US architectural partner TRIA, has won a major contract to work on Moderna Therapeutics’ new €100 million clinical manufacturing facility in Norwood, Massachusetts.
DPS is providing full architectural and engineering design, as well as project management services, for the 200,000 sq. ft. facility. The finished site will provide Good Manufacturing Practice […]

Read Full Article

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 […]

Read Full Article

Pfizer to acquire US cancer drug company Medivation

Pfizer has announced that it is in advance talks to acquire US cancer drug company Medivation for close to $14 billion.

Medivation shares were up 20pc at $80.56 in premarket trade, just shy of the offer price of $81.50 per share in cash.

The offer is at a substantial premium to Sanofi’s initial offer to buy Medivation for $52.50 […]

Read Full Article

Chanelle Group Accelerates Export Growth

Chanelle Group, which is the largest Irish-owned manufacturer of human and veterinary pharmaceutical products in Ireland, is undertaking a €70 million investment programme to accelerate the company’s growth and respond to the evolving needs of its customers worldwide.
Headquartered in Loughrea, County Galway, Chanelle Group currently employs 375 people worldwide. The 15 acre site at Loughrea […]

Read Full Article

State set to save millions on new deal with the IPHA

The Government and the Irish Pharmaceutical Healthcare Association have agreed on a deal that result in savings of €750 million for the Department of Health.
However, opponents of the agreement claim it is a “big promise but a bad deal” and say it will block access to biosimilar medicines.
The four-year deal between the IPHA and the Government is intended to […]

Read Full Article

Pfizer creating 350 new jobs

Pfizer has announced that it will be creating up to 350 new jobs with its latest multimillion euro expansion of its Grange Castle Campus in Dublin.

The pharmaceutical company is planning to build a five-storey biopharma manufacturing unit , adding more than 34,500sq m to its current footprint on what is already one of the largest biotechnology plants in the […]

Read Full Article

Alexion Pharmaceuticals investing €100m into biologics facility in Athlone

 
 
US-headquartered biopharmaceutical company Alexion Pharmaceuticals is to invest €100m in a new biologics manufacturing facility in its Athlone operations which will result in the creation of 50 additional jobs. This will bring total employment at the plant to more than 100 people. The investment will see the construction of a new biologics manufacturing facility at the […]

Read Full Article

Pfizer Submits Plans to Expand Facilitys

This week, the US owned pharmaceutical organization Pfizer plans to submit new plans to expand their Grange Castle plant, which will lead to new jobs at their west Dublin site. The facility is one of the largest biotechnology plants in the world. It produces drugs such as Enbrel, an arthritis blockbuster, and Prevenar, which is a vaccine that prevents pneumococcal infections in children.

Read Full Article

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.

Read Full Article

Thermo Fisher Scientific and NIBRT Announce Scientific Collaboration for Biopharmaceutical Characterisation

Thermo Fisher Scientific, the world leader in serving science, and the National Institute for Bioprocessing Research and Training (NIBRT) today announced a scientific collaboration focused on the development of analytical solutions for the characterisation of complex biopharmaceuticals.
Biopharmaceuticals represent protein molecules produced by genetically engineered living cells using large scale industrial bioprocessing. The complexity of these […]

Read Full Article

Dublin Eye Clinic Offers New Laser Eye Surgery Procedure

    Dublin Eye Clinic Offers New Laser Eye Surgery Procedure

Wellington Eye Clinic has recently become the first optic clinic to utilize a new procedure for laser vision correction in the Republic of Ireland.

Read Full Article

Medtronic reports net profit above analysts’ estimates

Medtronic has reported a quarterly net profit slightly above analysts’ estimates, helped by higher sales in its cardiac and vascular unit.
Sales in the cardiac and vascular unit rose 5.4 per cent to $2.74 billion, accounting for about 36 per cent of its total sales. The world’s largest standalone medical device maker said it sees full-year 2017 […]

Read Full Article

130 jobs at risk in Tipperary pharmaceutical company

More than 130 jobs are at risk following the appointment by the High Court of a provisional liquidator to a Co Tipperary based pharmaceutical manufacturing company.
Suir Pharma Ireland Ltd, which is located in Clonmel and has been making generic medicines for approximately 40 years in the town, is insolvent and is to be wound up.
The […]

Read Full Article

Allergan reports rise in quarterly revenues

Allergan, today reported a 48% rise in quarterly profit, led by strong sales of Botox and Restasis.
The Irish based company whose $160 billion merger with Pfizer fell apart last month,reported a better than expected quarterly profit.
Allergan was known as Actavis until it bought Botox-maker Allergan last year and took on its name.
It also said today that its board […]

Read Full Article

OPKO Health Expansion to Create 200 Jobs in Waterford

OPKO Health Inc. (NYSE: OPK), a diversified healthcare company, today announced plans to create 200 highly skilled jobs over the next five years through expanding the EirGen Pharma facility in Westside Business Park in Waterford and establishing a new Product Development Centre in the Waterford Business and Technology Park. The company is locating in the […]

Read Full Article

Eli Lilly and Company to develop cutting-edge technology for manufacturing of new wave of active pharmaceutical ingredients at Kinsale

Dr. John C. Lechleiter, chairman, president, and CEO, Eli Lilly and Company, announced today that the company is set to invest €35 million in delivering a new high-tech manufacturing facility at its Kinsale campus, using pioneering technology that has the potential to transform how medicines are made in the future.
The project will apply “Continuous Manufacturing Technology” […]

Read Full Article

Allergan’s merger deal now in doubt

    Allergan’s merger deal now in doubt

Shares in Allergan, one of Ireland’s largest pharmaceutical firms have plummeted due to a crackdown on tax inversions.
Allergan, which is run from New Jersey but has a legal domicile in Dublin, had been expected to merge with Pfizer of New York, which would move its HQ here, to take advantage of our lower corporate tax rate.
However, under the new […]

Read Full Article

Ranbaxy Pharmaceutical to close with the loss of 100 jobs

Ranbaxy pharmaceutical is to close its plant in Cashel, Co Tipperary with the loss of 100 jobs. The plant which has been in business for over 30 years on the Cork Road, make and package generic drugs.
The facility is owned by Sun Pharma which is the fifth largest drugs producer in the world. Sun Pharma […]

Read Full Article

At Pharmintech 2016 MG2 will blow out fifty candles

At Pharmintech, MG Compact will be the standard bearer of MG2 continuous motion capsule fillers dedicated to production. Featuring a small footprint and a modular conception, MG Compact can reach a production speed up to 48.000 capsules per hour; it is conceived for companies requiring medium speed solutions, suitable to be integrated inside production facilities […]

Read Full Article

AstraZeneca’s blood-thinning drug Brilinta fails clinical trials

AstraZeneca Plc has said today that its blood-thinning drug Brilinta failed to help stroke patients as hoped in a major clinical trial. Brilinta didn’t outperform aspirin in the three-month long test on patients with stroke, dealing a blow to a product viewed as an important driver of future sales and profits.
In a clinical trial dubbed […]

Read Full Article

Private equity fund Carlyle Cardinal eyes Mater Private

    Private equity fund Carlyle Cardinal eyes Mater Private

According to the Irish Times the Irish-American private equity fund Carlyle Cardinal is among the bidders shortlisted to acquire the Mater Private hospital group.
The Irish Times has learned that Carlyle Cardinal is one of four or five groups shortlisted to bid for the Dublin-based healthcare provider, which is expected to be valued at about €500 […]

Read Full Article

Packaging systems from OPTIMA in demand internationally

    Packaging systems from OPTIMA in demand internationally

After strong growth in recent years, OPTIMA packaging group GmbH (Schwäbisch Hall, Germany) was able to keep the consolidated sales volume of over 330 million Euros at a high level in 2015.
“The order situation continues to be very pleasant for us. However, more long-term prognoses are currently difficult,” says Hans Bühler, member and chairman of […]

Read Full Article

TCD bio-pharma company sold for over €5m

A Trinity College Dublin spin-off bio-pharma company has been sold to a US firm for €5.4m and 265,000 shares.
Genable Technologies, which makes gene-based drugs that treat genetic diseases, has been purchased by Spark Therapeutics – an American firm considered a leader in gene therapy.
Genable was set up on campus in Trinity 13 years ago out of […]

Read Full Article

GSK to invest €12m in Cork manufacturing plant

Multinational pharmaceutical giant GSK has announced a new €12m investment at its manufacturing plant outside Cork city in Currabinny.
GSK said that €9.5m will be spent on its Kilo Scale Facility, while the remainder will be used in its techncial laboratory in Cork.
The new purpose built Kilo Scale Facility will allow the site to begin manufacturing […]

Read Full Article

Allergan reports higher than expected Q4 revenue

Allergan, which is being bought by Pfizer, has today reported better than expected revenue.
The company said its results were helped by strong performance in its US brands segment, which sells products like Botox and Restasis eye drops.
Allergan said revenue from its US brands rose 38% to about $2.5 billion in the quarter ended December 31, accounting […]

Read Full Article

500 jobs to be created by three firms

500 new jobs by three different companies have been announced for counties Dublin, Carlow, Cork and Tipperary. The majority of the jobs are expected to come on stream by the end of this year.
300 hundred of the 500 positions announced this morning are being created by pharmaceutical companies.
In Dublin, APC Ltd opened its new process research facility in […]

Read Full Article

APC opens new Dublin HQ and creates 100 high-skill jobs

100 new high-skill jobs are to be created in Dublin over the next 18 months by a pharmaceutical research company.
APC Ltd helps drug companies to convert molecules developed in the lab into finished products ready for manufacturing.
The four-year-old firm, which is a UCD spin out company, opened its new process research facility in Cherrywood in […]

Read Full Article

Duma Combi – a tablet container with space for information leaflet

People who take medication know how important the patient information leaflet is, but they also never know where to put it when the pack has been opened. Once a tablet container has been opened, and the leaflet taken out and read, it’s generally very difficult to fold it up neatly again so that it fits […]

Read Full Article

Team Horizon appoints chief technology officer

Team Horizon, the global life sciences engineering solutions provider with an expert focus on the pharma and biopharma manufacturing processes, is pleased to announce the appointment of Mark McLean as Chief Technology Officer.
Mark brings over fifteen years of experience in project management of capital projects in the pharmaceutical and bio-pharmaceutical sectors to this new role. […]

Read Full Article

Shire to buy Baxalta for $32 bn

Drugmaker Shire agreed to acquire Baxalta International Inc after a six-month pursuit with $32bn cash and stock offer that will make it one of the world’s leading rare disease specialists.
The London-listed group first approached the US firm with an all-stock offer in July.
It won over the maker of treatments for rare blood conditions, cancers and immune system […]

Read Full Article

Shire edging towards $30bn-plus Baxalta deal

    Shire edging towards $30bn-plus Baxalta deal

Dublin-based drug maker Shire has made a new acquisition offer for peer Baxalta International that is roughly in line with the latter’s valuation expectations, according to people familiar with the matter.
It is thought that this makes a deal in the coming weeks likely.
An agreement would successfully end Dublin-based Shire’s five-month pursuit of Illinois-based Baxalta and […]

Read Full Article

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 […]

Read Full Article

Sanofi and Boehringer in talks over asset swap

    Sanofi and Boehringer in talks over asset swap

French company Sanofi and German drugmaker Boehringer Ingelheim have entered exclusive negotiations to swap businesses. This move would turn the French company into a major force in consumer healthcare while Boehringer would become the second largest company in animal health.
The proposed transaction would consist of an exchange of Sanofi animal health business with an enterprise value of […]

Read Full Article

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 […]

Read Full Article

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 […]

Read Full Article





New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4