Biotech firm Malin paid two executives €3m each

Losses at Dublin-based company hit €86 million in 2016

4th June, 2017
Kelly Martin, Malin’s chief executive

Malin, the biotechnology investment company backed by the Irish state, paid two of its senior executives more than €3 million each last year.

Kelly Martin, Malin’s chief executive and a former boss of Irish drug company Elan, was paid €3.02 million last year, according to figures published by the company last Friday. He was paid a basic salary of €334,000 and a further €38,000 in benefits. But the company also paid him €2.6 million in...

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