A college assignment provided the blueprint for the setting up of a Waterford pharmaceutical company in which its owners sold a €19 million stake last week.
Saudi Pharmaceutical Industries and Medical Appliances Corp (Spimaco), one of the largest pharmaceutical companies in the Middle East, now owns a 48 per cent stake in EirGen as a result of a deal announced last week. EirGen, which manufactures high potency cancer drugs, was established by friends Patsy Carney...
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