Pharma | Business Post

The Big Interview

‘If can give a bit of hope, that is really important’ – Eibhlín Mulroe, Cancer Trials Ireland

When the chief executive of Cancer Trials Ireland was aged just 18, two of her schoolmates were shot dead by the loyalist Ulster Volunteer Force outside Armagh College. The incident, in 1994, had a profound effect on the course of her life and the career choices she has made

Sam McCauley boss warns state aid is needed to help pharmacies as 230 jobs cut in four years

Pharmacy chain has watched its revenues slide over recent years amid reports that Uniphar may be in line to buy the company

Trade with Britain and Northern Ireland climbs despite Brexit

State exported €17.5 billion worth of goods exports in June, including €6.4 billion of medical and pharmaceutical products

Abbott to create 1,000 jobs in Kilkenny and Donegal as part of major expansion

New greenfield site to be built in Kilkenny with expansion at Donegal facility as part of €440 million investment

Cork biotech firm secures $300 million funding for budget mRNA vaccine facilities

Normax Biomed is aiming to develop modular vax factories globally. The first one, planned for Cork, will employ around 200 people

Large energy-consuming firms preparing for gas rationing in winter

As energy crisis unfolds across Europe, business leaders say they expect to be asked to shut down or reduce operations if the state implements emergency gas rationing protocols

A new Horizon: ‘Ireland’s appeal to us is about the talent, not just tax’

Horizon chief executive Tim Walbert explains why the drug company will keep expanding in Ireland and has marked its commitment by sponsoring the Irish Open

Dan O’Brien: Export earnings don’t tell full story of Ireland Inc’s reliance on tech and pharma

Ireland now earns more from exports than Italy, a G7 economy – but multinationals are massive earners for us, which may leave us vulnerable

Cross-party committee urges Varadkar to support patent waiver for Covid vaccines

The World Trade Organisation will next week discuss a controversial proposal to partially waive intellectual property rights for Covid-19 vaccines

Open Orphan swings to profit for the first time after ‘milestone year’ for the firm

Revenue at the pharmaceutical services company increased almost 80 per cent last year after it secured a number of large contracts

Irish biopharma firm Carrick raises $19.5m from backers

The company was founded by Elaine Sullivan, who recently made Forbes’ prestigious ‘50 Over 50’ list of women entrepreneurs in EMEA

New era of precision medicine on way, predicts Merck chief

Patients will benefit from major breakthroughs in tailored medicines, says boss of Merck’s life science division

Aalto Bio to receive war chest for M&A deals as firm is acquired

The medtech company provides raw materials, including proteins, antigens and antibodies, to the global diagnostics sector

Orphan expands into Asia-Pacific market with new Australian office

The Irish drug consulting company, which helps pharma firms through the process of launching drugs onto the market, is aiming to be ‘truly global’

‘Merck is in Ireland for the long run . . . Access to talent was a key part of our decision’

The chief executive of Merck’s life science division says the company is investing €440 million in its Cork operation because it can access high-skilled workers here

Merck to invest over €440m to expand its operations in Cork

The German multinational plans to inject €290 million into its existing Cork facility, and will spend a further €150 million building a new plant on the outskirts of Cork city

Pharma lobby groups set for clash over patent waiver for Covid vaccines

Charities will tell politicians that waiving intellectual property rights on vaccine production is the only way to improve vaccine equity

Revenue hits €135m at Lloyds pharmacy group despite ‘ongoing’ Covid risk

Pharmacy group employs nearly 800 people and says €4.2m loss was down to impact of the pandemic

New Bill seeks mandatory disclosure of payments from pharma companies to healthcare providers

It follows an RCSI report on the risk of conflicts of interest caused by payments from pharmaceutical companies to Irish healthcare organisations and professionals

PM Group reports 30% profits increase and announces 200 new jobs in Ireland

The project delivery firm said that pharmaceutical projects accounted for almost two-thirds of its overall revenue for 2020, which rose to almost €400 million