Pharma

Mylan boss calls for waiver on manufacturing of biosimilars

DisplayNote has partnered with some of the world’s largest manufacturers of display technology

Belfast-based company builds software that makes it easier for people to collaborate

Dr Patrick Kramer inserting an implant into Denis Canty, a director with McKesson, at the Cork Tech Summit earlier this month. Photograph: Gerard McCarthy

Biohacker believes tech could be a lifesaver for some, such as those with Alzheimer’s

The Circle Pay platform enables users to make domestic and cross-border payments easily using blockchain, the technology that underpins bitcoin

Circle is valued at nearly €3bn following the latest round, which was led by Bitmain

CMS Peripherals chief executive Frank Salmon

Tech distributor reports 38% rise in full-year turnover as ebitda increases 40%

Nasal Medical co-founder Martin O’Connell: “The partnership with Mylan is a significant step forward for us.”

Company’s products will be distributed to more than 2,800 pharmacies

Draper Esprit has previously backed a number of big name tech firms including Clavis Insight, Movidius and TransferWise

French cloud-based call centre software business has over 3,000 business customers

Vodafone Ireland said in the year to the end of March, the number of broadband customers it had rose by 2 per cent to 265,000

Fourth-quarter service revenues rose 4.3 per cent to €244m

Web Summit chief executive Paddy Cosgrave

Stripe president and co-founder John Collison also among first speakers announced

Game on: TV3 has secured the rights to the Champions League and the Europa League finals

Broadcaster has won the rights to 327 matches per season across both competitions

Corrata has developed a breakthrough technology for protecting smartphones and tablets from cyber attacks

Delta Partners leads financing round for company headed by Irish tech veterans

Costs per claim by motor third-party injury claimants are much higher here than in the UK, a new study has found.

Motor insurance injury claim costs considerably higher than in UK, report shows

Sales of Caskmates jumped 110 per cent in volume terms and 103 per cent in the 12 months to June 2017.

Primary objective of ‘multimillion-euro’ deal is to ensure supply of beer for Caskmates

Blockchain, which has been hailed in some quarters as the most revolutionary technology since the internet, is forecast to disrupt a large number of industries

New study finds blockchain technology has yet to take off among organisations here

The transdermal drug delivery market is expected to grow to $125.88 billion by 2021

The Orlando-based company was set-up by a former Irish young entrepreneur of the year

SensL Technologies is  one of the leading suppliers of silicon photomultiplier  sensor technology for light-sensing applications. Photograph: Getty Images

SensL bought by On Semiconductor, a Fortune 500 company listed on the Nasdaq

The site of the proposed €850 million Apple data centre  at Athenry, Co Galway, which will not now go ahead

IDA chief calls for changes to planning process after collapse of data centre project

Apple’s planned data centre in Athenry has been scrapped

Minister says decision shows need to make planning process more efficient

Some of the “DubSpot” team which helped build ServiceHub

Company hails success of “DubSpot” team which developed new Service Hub offering

A pedestrian walks under the logo of Recruit Holdings in front of its headquarters building in Tokyo

Recruit Holdings, which owns rival Indeed, acquiring Glassdoor in $1.2bn all-cash deal

Darya Yegorina, founder of Women of Wearables Dublin chapter and chief executive of CleverBooks

Organisation encourages more diverse teams in building hardware and software

ConsenSys chief executive Joe Lubin attends a a press conference to launch the EU blockchain observatory and forum at the European Commission in Brussels earlier this year

Company was established in 2014 by the co-founder of ethereum, Joe Lubin

The number of broadband subscribers rose by just 400 over the same period to 372,600

Company said it had 1.06 million cable and mobile subscriptions at the end of Q1

Since 2008, in excess of 1,400 Irish SMEs have raised venture capital of €4.8bn, according to IVCA

Irish companies raise €332m from investors in first quarter, up 34% on a year ago

Katherine Byrne, corporate finance partner in BDO, Adrian Mullet head of technology sector at Bank of Ireland, Sandra Notardonato, research vice president with Gartner, Roomex chief executive, Jack Donaghy, IT Alliance chief executive, Philip Maguire and Paul Sweetman, director of Technology Ireland

Bank of Ireland says its lending to indigenous tech companies rose 150% last year

Google’s data centre at Grange Castle in south Dublin. The search giant’s expansion of the facility is expected to take 16 months to complete.

Construction phase will lead to creation of 400 temporary jobs, search giant says

Bono and The Edge have emerged as investors Convoy, a start-up that helps connect trucking companies with freight shippers

U2 frontman and lead guitarist The Edge invest in on-demand trucking firm

A spokeswoman for Revenue said the new guidance comes after extensive consultation with tax experts. Photograph:  Nick Bradshaw

Tax expert warns rules introduced last year make Ireland a less attractive location

CIF director general Tom Parlon said the construction industry has made a significant recovery over the last few years with wages and conditions improving significantly

Construction Industry Federation estimates nearly 120,000 workers needed for projects

Viva Air is targeting a huge jump in passenger numbers in South America

Group’s subsididiary Viva Air expects traffic to rise in Colombian and Peruvian markets

Companies in the construction sector in particular are feeling the pinch, according to InterTradeIreland’s survey

Survey finds percentage of companies reporting an increase in staff is at a low

Clanwilliam has combined revenues approaching $100 million with operations in eight countries

Konnect Net in Auckland manages insurance medical requests

The disclosure comes as lawmakers and regulators around the world scrutinise the way that companies store and secure consumer data, after a string of security incidents

Social network discloses problem in a blog post and series of tweets late on Thursday

In Dublin, there were just 1,265 homes available to rent last month, one-third below the average over the last five years. File photograph: Bryan O’Brien

Tenants now paying on average an extra €232 a month compared to previous peak in 2008

Microsoft Round Island Three Limited held a 73 per cent stake in the Invention Investment Fund III

Newly-filed accounts show Dublin-based subsidiary also rang up reorganisation costs

Enva was also recently reported to be close to signing an agreement to buy Clearcircle Environmental Ireland

The former DCC Environmental also acquired Blue Sky Plastic Recycling in January

Finesse produces products for wound care and skin treatment, including skin barrier films and protection creams, and silicone and polyurethane foam wound dressings.

Company was acquired by New York-listed Avery Dennison last year

Staff leaving the former Procter & Gamble plant in Nenagh after Coty announced plans to close the facility last year

Turnover declines after transferring of ownership of its Nenagh plant to rival Coty

Leonora O’Brien said she established Pharmapod as she felt compelled to dedicate her career to the issue of resolving medication errors. Photograph: Peter Houlihan

Company to treble headcount over next two years as it targets global growth

FutureScope One2Watch 2018 Finalists (L-R) Ronan Kelly, founder and CEO, Bespoke Choice; Barry Murphy, CTO, Electrical Analytics; Lucy O’Keeffe, co-founder and CEO, CroiValve; Fergal O’Connor, founder and CEO, Buymedia.

Four companies selected for final of One2Watch competition at FutureScope

 Alice Carew, Lulls, from Mountrath Community School, Co. Laois with Sheelagh Daly, Chair of the Network of Local Enterprise Offices at the 16th annual   student enterprise national finals

Would-be entrepreneurs show off their award-winning business ideas in Dublin

The report says investor interest in Ireland has remained robust even as FDI inflows have been irregular over the past few years.

New ranking places Ireland in 19th spot globally for foreign direct investment

Collision 2019 will be held at Enercare Centre, the seventh largest convention facility in North America with over one million square feet of exhibit space

Collision 2019 to be held in Toronto after relocating from New Orleans

VHI chief executive John O’Dwyer has warned that with the population continuing to age significantly, the Irish healthcare market faces future challenges

Insurer said it paid claims amounting to €1.3bn last year as membership numbers rose

Supply Finance co-founder Brian Norton: “We had great success with Future Finance, which started here, and I’m really confident we can do it all again”

Co-founder of student loan lender Future Finance is back in business with new fintech platform

Mastercard Labs opened in Dublin in 2012, although the operator of the world’s second-largest payments network has had a base in Ireland since late 2008 following its acquisition of Irish firm Orbiscom

Company looking to boost headcount to more than 550 at Leopardstown facility

Using robots is less risky to organisations because unlike humans, they won’t make errors

‘It isn’t about replacing people with robots. It is about taking the robot out of the person’

Dublin-based medtech firm Foundry Innovation & Research 1 (Fire1) and Future Finance were among the companies to secure funding in the first quarter

Flurry of deals seen in Ireland involving the likes of Fire1 and Future Finance in Q1

Darren McCaffrey of Sky  was the highest new entrant and topped the news category

Darren McCaffrey, Dublin correspondent at Sky,is the highest entry in the rankings

Former Irish presidential candidate Sean Gallagher was appointed president of Nutriband in February

Pharma firm founded by Gareth Sheridan, recently took on Sean Gallagher as president

A Waymo self-driving vehicle is parked outside the Alphabet company’s offices where its been testing autonomous vehicles in Arizona

New study calls on Goverment to take active role in making most of opportunities present

Bunsen was founded by chef Tom Gleeson in 2013 and opened its first restaurant on Wexford Street in Dublin.

Restaurant chain one of eight Irish companies included in FT 1,000 rankings

Brazil and Bayern Munich winger Douglas Costa  wearing a Statsports Apex device, with Brazil teammate and Real Madrid star Marcelo

Newry-based Statsports signs deal to provide its technology to Brazil team for World Cup

Aegon Ireland is to rebrand as Athora Ireland shortly

Athora has sold on portfolio to LCCG just days after Aegon Ireland deal closed

Andrew Day, chief executive of Keywords Studios, which has made 30 acquisitions since 2014. Photograph: Dara Mac Dónaill

Irish video gaming firm listed in London looks to further growth this year

Loreto Hall (with the green door) on St Stephen’s Green, Dublin: It is understood owners Brown Table Solutions have held talks  approved housing bodies

Owners may allow premises to be used to help resolve crisis

Ibec warned of  ‘significant competitive erosion’

Ibec warns that recovery raises concerns about competitiveness

Ciara Clancy of Beats Medical who has achieved considerable success after taking part in IBYE

Budding businessmen and women enjoying considerable success after IBYE finals

The Jameson Distillery on Dublin’s Bow Street

Popular tourist attraction in Smithfield facilitated four marriage proposals last year

Conor Brophy, who joins from national broadcaster RTÉ, also penned a regular column in the ‘Sunday Business Post’

PR group hires newspaper columnist as director of strategic communications

Topaz, which employs 2,000 people across 440 petrol stations,  has annual turnover of about €3.5bn

Forecourt retailer will soon be rebranded as Circle K

Senator Ivana Bacik said there was broad support for the introduction of legislation, which would help reduce differences in levels of remuneration between men and women. Photograph:  Nick Bradshaw

Expectation that mandatory reporting of gender pay gaps in Ireland is forthcoming

Lionel Messi of Barcelona wearing a Statsports vest

Irish start-ups providing solutions that keep professionals match fit and focused on their game

Datahug co-founder ConnorMurphy: had already stepped back from leading Datahug prior to its sale but he admits it was still hard to say goodbye to a business he had brought so far.

Connor Murphy now heads up the Berlin chapter of Techstars, the prestigious global accelerator programme that has backed close to (...)

Irish businesses with a presence in the UK have a mixed record in terms of the gender pay gap, according to figures filed by a midnight deadline. Photograph: Getty Images

Here’s how other Irish companies fared as the deadline passed for about 9,000 companies reporting gender pay gap in UK

Diaceutics chief executive Peter Keeling: “We find ourselves in a situation where we need to scale up in a number of key areas.”

Medtech firm raises financing from Silicon Valley Bank and WhiteRock Capital

NDRC chief executive Ben Hurley: “The findings show that a strong work ethic is a pre-requisite when building a business from the ground up.”

NDRC survey shows firms with funding find it hard to compete with tech giants for staff

Likewhere’s Simon Dempsey: “Everyone now wants to find their own version of a city.”

Travel tech company provides personalised city experiences for major brands

The company has increased staff numbers from about 30 people following its deal for Arconics, whose customers included Cathay Pacific and Ryanair

Company intending to create 100 jobs over the next few years as part of expansion

Just eight out of 554 pilots employed by Ryanair in the UK are women, according to new figures

Airline compelled to release gender pay gap figures under new legislation in the UK

Davy said the Elysian Fuels case with UK Revenue continues to weigh on the stock, as evidenced by the company’s £400,000 pretax last year and its decision not to pay a final dividend for 2017

Company had earlier this year announced plans to dispose of Saunderson House

Shares in AIB have risen by a quarter in value since its IPO at €4.40 a share. Photograph: Alan Betson

AIB, Total Produce, Circle Internet Finance, Noonan Services and Statsports nominated

Eoghan McCabe, chief executive of Intercom: In March, Intercom raised $125 million to bring Intercom’s valuation to $1.275 billion. Photograph: Martin Lacey

CRH, eShopWorld, Intercom and Total Produce shortlisted for the award

GSLS has seen turnover increase from €10.8 million in 2014 to €17 million last year.

Deal for General Secure Logistics Services sees CCI doubling its money on investment

Flender co-founders Oli Cavanagh and Kristjan Koik

Irish-headquartered firm has helped companies raise more than €1.28m to date

Cheers! There’s a storm a-coming

Sales of alcohol, confectionary, pizza and garlic bread win out over essentials

Reports of a Renault-Nissan merger boosted European car stocks. Photograph: Bloomberg

Dublin edges up´, with banks leading the way

Members of the Roma squad pictured wearing the Statsports devices during training

Statsports agrees new partnership that will see millions of players using its tech

From the Blue Planet 2:  a turtle stuck in plastic packaging

BioCellection has developed advanced technologies to transform non-recyclable plastics into virgin-quality chemicals for use in su(...)

  Minister for Business, Enterprise and Innovation Heather Humphreys, Harty Nutrition director Niall Harty    and Sarita Johnston of Enterprise Ireland: the State body is to provide  €500,000 in funding for technology start-ups. Photograph: Karl Hussey/Fennell

State body to provide up to €50,000 to 10 start-ups for 10% stake in companies

Sage chief executive  Stephen Kelly: company keen to “exploit embedded technologies”. Photograph: Bloomberg via Getty Images

Accounting and payroll giant is looking to a bright future with high-tech developments

“Developing management skills is one of the most critical activities facing any company”

Two-thirds of award linked to major research project by participants in own companies

LetsGetChecked founder Peter Foley: the company has more than 30 tests for general health, sexual health, cancer screening and fertility checks available in the US, Canada and 14 European countries.

LetsGetChecked technology can also be used to diagnose a number of other health issues

Paddy Cosgrave on stage at Web Summit in Lisbon last year

Attendee numbers at flagship event have risen from under 400 to projected 70,000

The scheme, which will be managed by Bank of Ireland, Allied Irish Bank and Ulster Bank, can be used by companies to help mitigate the impact of Brexit. Photograph: iStock

News comes as Government’s €300m scheme officially opens for applications

For Heineken 0.0 two different beers were selected and then blended together to create the final product

World’s second largest beer-maker looking to cash in on rising sales of alcohol-free drinks

Dell has been ranked the best place to work in Ireland for the second year running, according to reviews on jobs site Indeed

Apple, Google, HP, Intel, Vodafone and Oracle also feature highly in vote from workers

Charles Dowd, Plynk co-founder and chief executive.

Payments firm confirms it let staff go and has stopped taking on new customers

Ires owns about 2,450 apartments in Ireland and reported €44.7 million in revenue from investment properties last year

Margaret Sweeney succeeded Mr Ehrlich as head of State’s largest private landlord

Datalex chief executive Aidan Brogan. “Datalex is now positioned to execute on an exciting phase of growth, and I am confident that we will do so in 2018 and beyond”

Dublin-based travel software company reports 15% rise in revenues to $63.9m

The disposable virtual cards will work alongside Revolut’s existing customisable security features.

Card details destroyed after every transaction in effort to defeat online fraud

Cosimo is an active investor in  “deeptech” companies working in areas such as blockchain, cryptocurrencies, artificial intelligence and big data.

Start-up fund comes as Cosimo portfolio company prepares to launch cryptocurrency

The Eban survey found investment readiness is the key factor for investors in deciding whether to back a start-up.

New study also shows market-related factors lead some investors to avoid start-ups

Fully charged:  black cab driver  John Dowd at one of the new charging points

First 100 charge points in the new London network are installed and available to use

Oracle was the biggest percentage decliner on the S&P 500 early on Tuesday, falling 9% after the business software maker reported quarterly revenue that missed Wall Street estimates. Photograph: Gety Images

Iseq closes lower after Bank Holiday, with Paddy Power Betfair and Ryanair falling

Sam Dennigan, founder of Strong Roots: “The plant-based and vegan food category is growing at an unprecedented rate in the UK.”

Strong Roots secures listing with two top UK retailers, with revenues forecast to hit €20m

Kernel Capital partner Jayne Brady, Causeway Sensors chief executive Dr Bob Pollard, Invest NI director of corporate finance William McCulla and Bank of Ireland business adviser Odhran McNeilly.

Queen’s University spin-out is targeting the fast-growing market for bio-sensors

According to PitchBook, there were 14 Irish PE-backed exits last year totalling €7.5 billion.

Vast majority of Irish deals recorded by PitchBook involved non-European investors

Seroba managing partner Peter Sandys

Seroba co-led a €29m Series B round for the company which was acquired late last week

Director of Innovation at KBC Bank Ireland Eddie Dillon said its new “digital first” service will be available within the coming weeks. Photograph: Naoise Culhane

New service enables customers to apply for loans without having to fill out paper forms

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