Industry & Business

Pharmaceutical

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

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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,

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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

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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

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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

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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,

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240 jobs at risk in Roche pharmaceutical facility 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.

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Almac buys out Athlone’s Arran Chemicals

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

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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

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Team Horizon wins Ulster Bank Small Business Award at Connacht final

Team Horizon, the global life-science services firm with an expert focus on pharma and biopharma manufacturing processes, has won the

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Pfizer creates 130 more jobs in Ireland

Pfizer is to create approximately 130 jobs across three manufacturing sites in Ireland; Grange Castle in Dublin and Little Island

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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

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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

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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

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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

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Over 200 delegates attend PharmaChemical Ireland Conference in Cork

Minister at State, Sean Sherlock TD opened the fifth PharmaChemical Ireland (PCI), Parenteral Drugs Association (PDA), International Pharmaceutical Engineers (ISPE)

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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

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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

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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:

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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