Warning over medical supplies, FDA approval and hot desk hell

Business Today: the best news, analysis and comment from The Irish Times business desk

Prevention is better that cure when it comes to mortgage approval.

Prevention is better that cure when it comes to mortgage approval.

 

Ireland’s biopharma industry has warned against protectionism and “self-sufficiency” when it comes to the production and distribution of medicines, and ingredients for medicines. Dominic Coyle reports.

In an opinion piece this morning David Hall of the Irish Mortgage Holders Organisation argues that prevention is better that the cure when it comes to the impending wave of mortgage arrears due to the Covid-19 crisis.

A start-up co-founded and led by Limerick-born entrepreneur Fares Siddiqui has received fast-track approval in the United States for a remote monitoring system that can help detect Covid-19 symptoms, such as loss of breath. Charlie Taylor has the details.

Pilita Clark in her weekly column says that stripping people of an allotted desk and forcing them to hunt for a new place to perch each day is a grim practice and hot desking should be ended.

Irish fintech firm onlineapplication.ie has teamed up with open-banking specialist Salt Edge in a bid to streamline the traditionally cumbersome mortgage application process. Eoin Burke-Kennedy reports.

Communications provider Welltel has confirmed the acquisition of Kildare-based IT service provider Novi in a €3 million deal that will see the Dublin company grow to 115 employees, writes Ciara O’Brien.

In our Inside Business podcast John McCartney, director of research at Savills, and Irish Times reporter Jack Horgan-Jones talk to Ciaran Hancock about the impact of the Covid-19 crisis on property.

The Irish Times has also launched its Innovation Awards for 2020 with applications now invited. The awards will recognise innovations and bright ideas brought to market between January 1st, 2019 and May 30th of this year, across five categories.

It’s free to enter so check out irishtimes.com/innovationawards.

The Irish Times has published its annual Top 1000 companies magazine, the definitive guide to Irish business. It is also available at irishtimes.com/top1000

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