‘He was the only person I have met in my career who I could truly call an entrepreneur’

Don Panoz, who died last week, made a huge impact on Irish business. The legacy of the founder of Elan continues today

Don Panoz: ‘What he was phenomenal at was refusing to accept that something couldn’t be done’

When the news broke last Tuesday evening that the serial entrepreneur Don Panoz – best known in Ireland as the founder of Élan – had passed away, two of his protégés contacted each other.

“If it wasn’t for Don, I would still be counting pills,” Seamus Mulligan, the founder of Azur Pharma and Adapt Pharma, told his friend Peter Gray.

“If it wasn’t for Don, I would still be a beancounter,” replied Gray, ...