MSD is to Develop a New Biotechnology Facility in Dublin
MSD is to develop a new biotechnology facility in Dublin, with the expected creation of up to 350 new jobs. Known as MSD Biotech, Dublin, the facility will be constructed on an existing MSD-owned property, the site of its former facility in Swords, Co. Dublin.
Commenting on the announcement, the Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: “This investment by MSD is a great vote of confidence in Ireland. MSD has been a tremendous success story in this country with plants located in several centres, providing valuable employment. This new, cutting edge, Biotechnology facility will be a tremendous asset to our Pharma industry and will deepen the great partnership between the company and Ireland.”
Martin Shanahan, CEO, IDA Ireland congratulated the company on winning this mandate for Ireland. “MSD’s decision to develop a new biotechnology facility in Dublin, with the expected creation of up to 350 new jobs greatly strengthens Ireland’s position as a global destination for manufacturing excellence in biopharmaceuticals. This announcement underpins MSD’s commitment to Ireland and follows the company’s announcement in May last year that it will create 330 new jobs and invest €280 million in its manufacturing facilities in Carlow and Cork.”
CAPTION:
Martin Shanahan, IDA Ireland; Minister Heather Humphreys; Ger Brennan, MSD.