Amryt Pharma’s Friel plans yet another IPO later this year

Donegal businessman has already brought three companies public as well as Amryt: Fastnet Oil & Gas, Hvivo and Poolbeg Pharma

Cathal Friel, Chairman & Co-Founder of Poolbeg Pharma: ‘Dublin is a great place to start these small companies and grow them to be pretty successful’. Picture: Fergal Phillips

Cathal Friel, the serial entrepreneur, said he plans to announce another initial public offering in the next 12 months.

The Donegal businessman has already been involved in four IPOs: Fastnet Oil & Gas, Amryt Pharma, Open Orphan (renamed Hvivo), and Poolbeg Pharma.

“I’d be very optimistic we can do another IPO either late this year or early next year,” Friel told the Business Post.

“We are already well working on it, it may or may ...