The expansion will result in the creation of 20 new jobs.
A Cork based pharmaceutical company has announced a multi million euro development.
Hovione based in Ringaskiddy will see its spray drying facilities double in capacity.
The expansion will result in the creation of 20 new jobs.
Michael McGrath, the European Commissioner-Designate for Democracy, Justice and the Rule of Law said:
“This latest investment highlights the success of Hovione’s facility in Ringaskiddy, and underlines the continued resilience of Ireland’s pharmaceutical manufacturing sector. I am delighted that Hovione will be shortly welcoming new team members to this expanded facility, and I wish both them and Hovione every success”.
Jean-Luc Herbeaux, Hovione´s Chief Executive said:
“This newly opened facility further strengthens Hovione´s position as the global CDMO of choice for spray drying development and manufacturing services. It also underscores our commitment to bringing first-in-class technology and world-leading manufacturing services to Irish shores. Ireland provides a superior environment for pharmaceutical manufacturing, and we are delighted to be a part of it.”
Michael Lohan, CEO, IDA Ireland, said:
“Since operations began here 15 years ago, Hovione has made a significant contribution both locally and nationally through employment and investment alike and I am pleased to be here today to mark another step on that journey. We warmly welcome Hovione’s commitment to investing in Cork and we wish them continued success.”
