Industry & Business

Pharmaceutical

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

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 […]

Read Full Article

240 jobs at risk in Roche pharmaceutical facility Co. Clare

 
The Roche facility in Clarecastle, Ennis, Co. Clare
Pharmaceuticals company Roche is pulling out of four of its facilities worlwide, including its site in Clare, with 240 jobs set to go unless a replacement firm is found.
The company’s Clarecastle site has 240 employees who are now at risk of losing their jobs, with the company looking […]

Read Full Article

Almac buys out Athlone’s Arran Chemicals

Almac’s headquarters are in Craigavon, Co. Armagh and it has operations in the US, Singapore and Tokyo
Pharmaceutical giant, Almac has bought out Arran Chemicals, a privately-owned company based in Athlone.
The Northern Ireland company currently employs 57 people, and the move increases Almac’s global workforce to more than 4,000.
Almac says it will invest in the Roscommon plant […]

Read Full Article

Dublin based Allergan’s revenue almost doubled

Allergan’s revenue has almost doubled as demand for the company’s branded pharmaceuticals and medical-aesthetics products soared.
Shares in the Dublin- based company are up 21% this year and results in its latest quarter easily topped analysts’ expectations.
Allergan, which makes Botox, recently confirmed it has been approached by Pfizer. Allergan would give Pfizer, whose revenues are expected to slide 3.3% […]

Read Full Article

Team Horizon wins Ulster Bank Small Business Award at Connacht final

Pat Horgan, Head of Specialised Relationship Management at Ulster Bank and Robert Grealis, Chairman Team Horizon
Team Horizon, the global life-science services firm with an expert focus on pharma and biopharma manufacturing processes, has won the Small Business Award 2015 at the Connacht final of the Ulster Bank Business Achievers Awards.
The Mayo based company will now […]

Read Full Article

Pfizer creates 130 more jobs in Ireland

Pfizer plant Ringaskiddy, Co. Cork
Pfizer is to create approximately 130 jobs across three manufacturing sites in Ireland; Grange Castle in Dublin and Little Island and Ringaskiddy in Cork.
The company already employs approximately 3,200 people at six sites across the country.
Pfizer said that its Grange Castle plant, based in West Dublin, is looking to recruit about […]

Read Full Article

Tyndall Institute announces revolutionary bioprocessing capsule

 A sensor capsule developed in Ireland is set to radically improve the efficient production and quality of biopharmaceutical therapies, benefiting Ireland’s growing biopharmaceutical industry and breakthrough medicines of the future.
Tyndall National Institute, Cork, and the National Institute for Bioprocessing Research and Training (NIBRT), Dublin, recently announced the development of the “Process Analytical Technology Sensor Capsule” […]

Read Full Article

Price increases of drug Daraprim could impact the global pharma sector

Overnight price increases of Daraprim drug by the US start-up, Turing Pharmaceutical is impacting pharmaceutical sectors worldwide. The company had acquired the right of the drug in August and immediately increased its price. The increase is causing a backlash within the pharmaceutical industry creating most of the shares down in a massive sell-off.
Shares heavily affected […]

Read Full Article

Pretax losses double at Dublin-listed Merrion Pharmaceuticals

    Pretax losses double at Dublin-listed Merrion Pharmaceuticals

Merrion Pharmaceuticals says its survival is dependent on Declan Ryan’s Irelandia Investments not calling in an overdue loan as it reported a doubling of half-year losses.
The Dublin-listed group, whose Irish revenue comes through two licence agreements with Danish diabetes specialist Novo Nordisk, reported a net loss of €1.02 million or €5.58 cent per share for […]

Read Full Article

PM Group’s boss rules out flotation on profit rise

    PM Group’s boss rules out flotation on profit rise

Irish engineering firm PM Group doesn’t intend plotting a stock market flotation yet, with a strong enough balance sheet to allow it to continue its expansion strategy for at least the next five years, according to chief executive Dave Murphy.
The company, whose clients are almost entirely multinationals in the pharma, food and tech sectors, said […]

Read Full Article

Over 200 delegates attend PharmaChemical Ireland Conference in Cork

At the PharmaChemical Ireland Conference at the Radisson Blu Hotel, Cork were L to R., Colin Murphy MD, Industry and Business Magazine and Matt Moran, Director, PharmaChemical Ireland. Picture, Tony O’Connell Photography.
Minister at State, Sean Sherlock TD opened the fifth PharmaChemical Ireland (PCI), Parenteral Drugs Association (PDA), International Pharmaceutical Engineers (ISPE) Conference in the Radisson […]

Read Full Article

Venn Life Sciences to acquire Kinesis Pharma for €6.5m

    Venn Life Sciences to acquire Kinesis Pharma for €6.5m

Dublin-based clinical research group Venn Life Sciences is to acquire Kinesis Pharma for a total consideration of up to €6.5 million.
The company aims to raise £3.75 million through a placing of shares, to part fund the acquisition of Netherlands-based Kinesis Pharma.
Venn will initially pay €3.6 million for Kinesis, a provider of specialist consultancy services around […]

Read Full Article

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 […]

Read Full Article

Nexvet Secures Biomanufacturing Facility in Tullamore

    Nexvet Secures Biomanufacturing Facility in Tullamore

Tullamore, Ireland – September 16th 2015. Minister for Skills, Research and Innovation Damien English today announced that Nexvet Biopharma (Nasdaq: NVET), a veterinary biologics developer, has secured a dedicated biologics manufacturing facility in Tullamore which will lead to the creation of up to 30 new roles over the next year. The project is supported by […]

Read Full Article

Medical and pharma exports bolster July figures

    Medical and pharma exports bolster July figures

Preliminary figures for July show that seasonally adjusted goods exports fell by €596m, or 6pc, to €8.76bn from June, according to the data from the Central Statistics Office (CSO). On an annual basis, however, the value of goods exports was €9.1bn, representing an increase of 25pc compared with the same month last year.
David McNamara of […]

Read Full Article

US pharma giant looks at selling Irish plant

    US pharma giant looks at selling Irish plant

The biggest drug manufacturer in India in terms of revenue is trying to control costs that have spiralled since it bought rival firm Ranbaxy Laboratories for $4bn in an all-share deal in March. About a month ago Sun Pharma managing director, Dilip Shanghvi, inset, said that the firm would divest non-strategic businesses with little or […]

Read Full Article

US pharma services firm Tech Group eyes significant Dublin expansion

    US pharma services firm Tech Group eyes significant Dublin expansion

Dublin could be in line for another jobs boost with a planned multi-million euro expansion of a US-owned pharma outsourcing firm, the Irish Independent has learned.

Tech Group is part of Pennsylvania-based West Pharmaceutical Services.

Tech Group already has a significant operation in Mulhuddart, Dublin, where operations include the manufacture of injectable devices for diabetes patients.

It announced […]

Read Full Article

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 […]

Read Full Article

APC announce 50 new jobs in Cork

    APC announce 50 new jobs in Cork

The company say that the new jobs have arisen largely from its ability to attract new industrial partnerships that were leveraged from Science Foundation Ireland funding.
Speaking at the announcement of the new jobs, Minister for Agriculture, Food, the Marine and Defence Simon Coveney praised APC for its ability to provide new jobs.
“Government policy is directed […]

Read Full Article

Former Elan chief set for top Malin role

    Former Elan chief set for top Malin role

Irish life sciences investment firm Malin will appoint director and former Elan chief Kelly Martin as its chief executive as part of a reshuffle of its management team, two sources close to the company said yesterday.
Malin was set up earlier this year by executives from former Irish stock market stalwart Elan, a pharmaceuticals firm, and […]

Read Full Article

Amneal to create up to 300 jobs in Tipperary

    Amneal to create up to 300 jobs in Tipperary

US-headquartered generic drug manufacturer Amneal Pharmaceuticals is to create up to 300 jobs in Tipperary following its acquisition of the former Johnson & Johnson plant in Cashel.
The 200,000 square foot facility was sold to Amneal by Singapore-based investment firm Solidus Private Equity. The former Johnson & Johnson plant had been vacant for four years before […]

Read Full Article

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 […]

Read Full Article

Dominic Carolan to take over as chief executive of Nibrt

    Dominic Carolan to take over as chief executive of Nibrt

The National Institute for Bioprocessing Research and Training (Nibrt) said today that Dominic Carolan is to succeed Dr Reg Shaw as its CEO.

Shaw has led the centre for the last two years.
Carolan has previously held senior roles in Mallinckrodt (Dublin) and Genzyme, where he was senior vice president of manufacturing. Most recently he headed up […]

Read Full Article

Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

    Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

Alexion Pharmaceuticals today announced plans to significantly expand its operations in Ireland by constructing the Company’s first ever biologics manufacturing facility outside the United States. This €450 million, four-year project, which will be constructed at Alexion’s College Park site in Blanchardstown, is expected to create approximately 200 additional full-time jobs on completion, which will bring […]

Read Full Article

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 […]

Read Full Article

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 […]

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