Allergan

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Teva employs about 580 people in Ireland, where it has a manufacturing plant in Waterford and a commercial operation in Dundalk. Photograph: Chris Ratcliffe/Bloomberg

Troubled generics drug giant Teva Pharmaceutical Industries is to cut its workforce by more than a quarter, give up many of its manufacturing plants a(...)

Ireland is also one of the largest exporters of medical products in Europe with annual sales of €12.6 billion to more than 100 companies worldwide
Broad-based strengths

Ireland’s life sciences sector is broadly based and has developed considerable strengths over the past five decades and more. Indeed, it is among the (...)

Six  out of 10 of the world’s top-selling drugs are produced here while 18 of the world’s top 20 pharmaceutical companies have substantial manufacturing operations in Ireland
A vibrant pharma sector

Ireland is now firmly established as a world-leading centre of excellence for the manufacture of pharmaceutical and fine chemical products. The indust(...)

Multinationals have found a way of replacing the ‘Double Irish’ tax avoidance structure with a neat new arrangement called ‘Single Malt’.

Multinationals are looking to tap into alternative corporate tax avoidance measures even after the final phasing out of the much criticised “Double Ir(...)

Evelyn O’Toole: “If you can explain something quickly and simply to me, then chances are we’ll work together. If you meander too much, I get frustrated. I like simplicity.” Photograph: Aidan Crawley

She may have just won two prestigious awards in the space of three days but Evelyn O’Toole is unlikely to lose the run of herself. After all, this is(...)

Evelyn O’Toole, founder and chief executive of CLS. The firm is the largest privately owned contract laboratory in Ireland

Evelyn O’Toole, founder and chief executive of Co Galway-based Contract Lab Solutions (CLS), the largest privately owned contract laboratory in the co(...)

Germany’s Dax traded lower on Monday after German chancellor Angela Merkel secured a fourth term but saw her party weakened by a surge in support for the far-right. Photograph: Krisztian Bocsi/Bloomberg

European shares rose on Monday after the euro weakened following the increase in support for the far-right Alternative für Deutschland (AfD) party in (...)

Boxes of tablets produced by Teva. The Israeli generics giant  has prised Kaare Schultz from  Lundbeck with a $40m   package. Photograph: Chris Ratcliffe/Bloomberg

Teva Pharmaceutical is betting $40 million (€44.4m) that the man credited with the rapid revival of a Danish drugmaker can do it again – and it’s brea(...)

 EpiPen allergy treatment pens  manufactured by Mylan. Photograph:   ReuterS/Jim Bourg

Mylan on Wednesday cut its forecasts for this year and next as eroding prices for generic drugs and challenges getting new products approved in the US(...)

Pfizer last year failed in its attempt o buy Allergan and move its headquarters to the Republic. Photograph: Bloomberg

Since becoming chief executive of Pfizer in 2010, Ian Read has twice tried to reshape the drugmaker through a transformational acquisition. And twice (...)

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