Industry & Business

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

 Breaking News
  • Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant [...]...
  • Irish Technology Sector Has Overtaken Agriculture With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech [...]...
  • 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 to the Citywest Hotel, Dublin, on Wednesday, March 14th. The visitors who braved the inclement weather were able to meet with the key organisations that are [...]...
  • Dunnes Stores Comes Out on Top of a Growing Grocery Market The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 25 February 2018, show continued positive momentum among Irish supermarkets, with growth hitting 3.9%. David Berry, director at Kantar Worldpanel, comments: “Shoppers have spent an additional €96 million on groceries over the latest 12 weeks compared to last year and two [...]...
  • New Irish Peer-to-peer Energy Trading Research Project Using Blockchain Technology Imagine a future where Irish consumers will be able to gift or sell their solar power across their neighbourhood as well as sharing and managing their own electricity in a myriad of new ways. EnerPort, a new project launched at the recent International Energy Research Centre (IERC) Annual Conference, aims to accelerate peer-to-peer energy trading [...]...

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
February 03
13:26 2017

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 to distribute its products in Oman at the conference. The deal represents a value of €1.1 million over the next three years and builds on the company’s strategy to grow its presence in the Middle East.

Enterprise Ireland, the government organisation responsible for the development and growth of Irish companies in global markets, hosted an exhibition and facilitated attendance for leading Irish healthcare companies at this year’s Arab Health, including Aerogen, AmRay Medical, CF Pharma Ireland Ltd., Crospon, Fleming Medical Ltd., IPC Polymers, Kastus Technology, Locatible, Miravex Ltd.,Novaerus, Sedana Medical Ltd., Synchrophi Systems Ltd. and 3D4 Medical.

The Enterprise Ireland exhibition featured healthcare solutions ranging from improved drug delivery systems, innovative medical devices, new digital health technologies and cutting-edge pharmaceutical products.

Notable achievements at this year’s Arab Health included:

  • Locatible, a real-time locating system to improve healthcare delivery, opened a new regional office;
  • Aerogen, the world’s leading manufacturer & distributor of aerosol drug delivery systems, received awards for its patented vibrating mesh technology as well as established new partners across the region; and
  • Kastus Technology showcased its effective and practical anti-microbial solutions for indoor environments in healthcare facilities
  • 3D4 Medical demonstrated how its medical learning applications can be easily utilized by patients, students medical professionals and educators around the world.

“The continued expansion of the healthcare sector in the Middle East offers a number of exciting opportunities for Irish companies, who are among the global leaders in life sciences, medical technology and digital heath,” Breen said. “Our participation at Arab Health each year is demonstrative of Ireland’s commitment and contribution to the ambitious growth objectives of this important industry. We look forward to building on this year’s success to further develop our businesses and relationships in the Middle East.

Minister Breen also took part in a number of engagements to build on the strong relationship Enterprise Ireland has with healthcare institutions and government bodies in the UAE including; Neuro Spinal Hospital, the Dubai Health Authority, Abu Dhabi Health Services, and VPS Healthcare Group – a healthcare provider with a network of hospitals, medical centres, pharmaceutical manufacturing and pharmacy retailers globally. In addition, Minister Breen visited with Dubai EXPO 2020 and senior representatives of Dubai Electricity and Water Authority to progress ongoing discussions.

Tom Kelly, Divisional Manager of Lifesciences at Enterprise Ireland, said the trade visit was one of 40 international events to help Irish companies identify new markets for their products and services. He pointed out that there is already a high volume of trade between Ireland and the UAE with exports from Irish companies exceeding €124M in 2015.

“Ireland has a well-developed life sciences sector for which we see growth opportunities in the Gulf region,” Kelly said. “We are keen to use Arab Health as an opportunity to promote Ireland to potential healthcare buyers and invite them to attend MedinIreland – Ireland’s largest medtech event – in October 2017. Helping Irish companies identify new markets for their products and services is part of Enterprise Ireland’s strategy to enable our clients to build scale and expand global reach as part of our response to the UK’s decision to leave the EU.”

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4