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 […]
100 new high-skill jobs are to be created in Dublin over the next 18 months by a pharmaceutical research company.
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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% […]
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 […]
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 […]
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” […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]