Jack Horgan-Jones on Business

After all the hype, Irish biopharma’s golden child Malin Corp has turned out to be a bit of a brat

13th May, 2018
Danny Cipriani of Wasps: the club are owned by Irish businessman Derek Richardson Picture: Getty

Exactly what is going on at Malin Corp? The publicly-quoted biopharma investor was launched amid great fanfare in 2015, when it raised €330 million in its initial public offering. Among the key investors at the time was the taxpayer, who put in around €50 million through the state’s Irish Strategic Investment Fund (Isif).

At the time, John Given, the then-chairman of the company, said that its goal was to create “value for shareholders by...

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