Industry & Business

Official Opening of Nexvet’s new Biomanufacturing Facility in Tullamore

 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 [...]...

Official Opening of Nexvet’s new Biomanufacturing Facility in Tullamore

June 03
10:56 2016

downloadMinister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor TD today officially opened Nexvet Biopharma’s (Nasdaq:NVET) new development and manufacturing facility in Tullamore, which has begun clinical and commercial-scale production of Nexvet’s advanced development candidates, a significant milestone towards preparations for commercialization.

The veterinary biologics company secured the facility in September 2015. It was announced at that time that up to 30 new highly-specialised technical roles would be created there. The project is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.

BioNua Limited, a wholly owned subsidiary of Nexvet Biopharma, runs business operations at the 20,000 sq. ft. premises, and has undertaken extensive refurbishment transforming it into a state-of-the-art facility dedicated to the emerging area of therapeutic veterinary biologics. BioNua has a 10-year lease on the facility with an option to purchase the building, located in the IDA Business & Technology Park in Tullamore.

Securing a significant development and manufacturing facility and building BioNua’s capabilities is a major step forward for Nexvet’s plan to assume full internal control of its manufacturing. Nexvet intends for BioNua to meet the Company’s anticipated future global clinical and commercial needs for drug substance production in the high growth area of veterinary therapeutics. The creation of BioNua has added to Nexvet’s vertical integration in animal health biopharmaceuticals, with research, drug development, manufacturing, clinical development and regulatory affairs now all managed internally.

Regarding the milestone represented by this official opening, Nexvet’s Chief Executive Officer Mark Heffernan said, “We are delighted with the rapid progress made by the dedicated BioNua team in internalizing our manufacturing and preparing to supply Nexvet’s clinical trials. We have sourced outstanding talent for the BioNua team and installed state-of-the-art infrastructure. The compelling advantages of biologic therapies for chronic conditions in companion animals underpin Nexvet’s long-term vision for transforming animal medicine. Therefore, excellence in manufacturing is an essential part of our business strategy, and working in partnership with the IDA has given us a unique opportunity to build a centre for veterinary biopharmaceutical validation and manufacturing in the Midlands of Ireland.”

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