Pharma | Business Post

Cathal Friel’s Hvivo expects record revenue of £50.6 million in 2022

The Dublin-listed company formerly known as Open Orphan has issued a trading update

Pfizer warned government that low drug budget will delay access to new medicines

The pharma giant, which employs around 4,000 people here, said Ireland was 24th out of 35 countries for the availability of new medicines

Horizon in separate sale talks with Sanofi, Johnson & Johnson and Amgen

Dublin-based global pharma company disclosed on Wednesday it was in talks about a potential sale of the company

Horizon gets green light for €1bn biopharma factory

Global pharma firm Horizon Therapeutics has received planning permission to develop Waterford biopharmaceutical plant

The Big Interview

‘For our HQ, I was always going to have to be talked out of Ireland’ – Leo Sheridan, Advanced Clinical

Leo Sheridan’s Advanced Clinical, which carries out research trials on new drugs, is expanding into Ireland and the Chicago entrepreneur plans to bring the company’s new international headquarters to Dublin

Global supply chains still ‘unpredictable’, but improving

Sheri Lewis of Avantor, a US chemicals and materials company which has just opened a specialised distribution centre in Dublin, sees lead times shortening and costs coming down, ‘but it’s still quite fragile’

Biogen to urgently appeal court judgment allowing generic MS drug

High Court decision would pave the way for the sale of a generic multiple sclerosis drug and save the HSE over €8 million, but pharma giant claims the firm behind the drug is infringing on its patent

DPS €295m deal will be ‘game changer’ for engineering services sector

Dutch company Arcadis’s purchase of the Dublin-based firm will give it a new global reach, say industry sources

Ipsen to open upgraded €52m Dublin manufacturing facility

French pharmaceutical giant is increasing production of cancer and rare disease medicines at Blanchardstown site, and plans further growth here

The Big Interview

‘If we 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