Mallinckrodt

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The New York-listed group has become the third major opioid maker to seek court protection from its creditors. Photograph: iStock

Drugmaker Mallinckrodt, which is headquartered in Ireland for tax reasons, filed for bankruptcy protection in the US on Monday as it seeks to deal wit(...)

IDA chief executive Martin Shanahan said the State’s solid performance in attracting investment over the past five years had left it in a strong position. Photograph: Dara Mac Donaill

Covid-19 is likely to hit the multinational investment that has created almost 250,000 jobs in the Republic, State agency IDA Ireland warned on Wedne(...)

The Nikkei 225 Index on the Tokyo Stock Exchange. Photograph: Philip Fong/AFP via Getty

European shares ended at their lowest in nearly two months on Tuesday as concerns over a coronavirus pandemic roiled markets, which had already marked(...)

The lawsuits accuse drug makers of overstating the benefits of opioids while downplaying the risks. Photograph: Eric Baradat/AFP via Getty

Four large drug companies reached a last-minute $260 million (€233 million) legal settlement over their role in the US opioid addiction epidemic, aver(...)

 Bottles of several opioid based medication at a pharmacy in  Ohio. Photograph: REUTERS/Bryan Woolston/File Photo

Turn on a TV set or YouTube video in America today and it won’t take long before you’ll encounter a drug company’s ad telling you how their product ca(...)

Opioid addiciton is considered to be one of the biggest and most intractable problems facing the US healthcare system. File photograph: Reuters

The fallout from the landmark judgment in Oklahoma this week holding drug companies liable for the scourge of addiction to opioid-based painkillers co(...)

Johnson & Johnson’s stock got a boost from the lower-than-expected fine imposed on the company. Photograph: EPA/Justin Lane

The world’s largest maker of healthcare products vowed on Tuesday to appeal an Oklahoma court ruling that it was liable for the costs of treating opio(...)

Stemple Exchange: Channor’s  two six-storey over basement office blocks  which will front on to the N2-N3 link roads and provide 15,794 sq m (170,000sq ft) of office space

Veolia is leasing 1,022sq m (11,000sq ft) of office space for its new Irish headquarters at Plaza 256 in Blanchardstown Corporate Park, Dublin 15. Th(...)

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 (...)

Taoiseach Leo Varadkar with Mark Trudeau, president and chief executive of Irish-domiciled drugmaker Mallinckrodt: net sales fell 10.5 per cent in the third quarter.

Shares of Irish-domiciled pharma group Mallinckrodt plunged more than 30 per cent to an all-time low on Tuesday after it reported disappointing quarte(...)

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