Pharma firm Allergan commits to €42m investment in its Irish operations
Pharmaceutical company Allergan has announced that it will invest another €42m in its Irish operations this year.
The firm - which employs around 1,700 at three facilities in Ireland - plans to develop its two manufacturing facilities at Clonshaugh, Dublin and Westport, Co Mayo.
The funding will support increased manufacturing capabilities for some of Allergan’s key current and future products.
The Dublin-headquartered company - which marks 40 years of business in Ireland today - also has an international supply chain office in Earlsfort Terrace, Dublin.
"Allergan were amongst the early arrivals to Ireland and helped to sow the seeds of what was then our emerging pharmaceutical sector, which thankfully took root with much vigour over the intervening years," Taoiseach Enda Kenny said.
"Allergan has undoubtedly made a significant contribution to making Ireland home to a world class pharmaceutical industry and I wish to thank them for their ongoing commitment to their Irish operations."
The firm also announced details of a new €50,000 Innovation Award Programme with Irish colleges around the country.
The six colleges involved in this year’s Innovation Award Programme, which are Trinity College Dublin, UCD, NUI Galway, IT Sligo, DCU and Galway-Mayo IT.
“We are pleased to be able to build on our longstanding relationship with communities here in Ireland, providing educational support to universities and colleges around the country," Pat O’Donnell, Senior Vice President, Global Manufacturing, Allergan, said.
"We hope that this Innovation Award will inspire more students who wish to establish themselves within the field of Life Sciences. Collaborating with these colleges is an exciting initiative for all involved, and we look forward to the positive results and experiences it will bring for students and our industry.”
Allergan has also announced that it will become the Official Sponsor of the Dubai Duty Free Irish Open hosted by the Rory Foundation as part of a three-year sponsorship.
James Finnigan, Head of Rolex Series Commercial Partnerships at the European Tour, said: "The tournament is undoubtedly one of the highlights of the sporting calendar on the island of Ireland and in 2017 it will be an integral part of the Rolex Series.
"We look forward to developing this exciting new partnership with Allergan and thank them for their commitment to the Dubai Duty Free Irish Open, hosted by the Rory Foundation.”