Pharmaceutical Manufacturing Technology Centre (PMTC) was recently launched at the University of Limerick to deliver advanced technology solutions to contemporary manufacturing issues currently challenging the Irish pharmaceutical sector. PMTC brings together 24 industry partners and nine Higher Education Institutes who will deliver the research.
Department of Jobs, Enterprise and Innovation is investing €5M over the next 5 years in this industry-focussed Centre, the latest of 15 state-supported Technology Centres established jointly by Enterprise Ireland and IDA Ireland.
The aim of PMTC is to make Ireland the global hub of pharmaceutical process innovation and manufacturing and ultimately support an industry which directly employs over 25,000 people. Manufacturing cost competitiveness and patent expiry are among the two most critical issues which threaten the future of this industry which contributes over €40BN in annual Irish exports per annum.
Deirdre Glenn, Enterprise Ireland; Minister Damien English TD; Barry Heavey IDA Ireland and Frank Madden M.D Crest Solutions.
Launching the centre, Minister English said: “The pharmaceutical industry is a very important provider of employment and growth in Ireland’s economy. This joint initiative of Enterprise Ireland and IDA Ireland to make the pharma industry more competitive and efficient is most welcome. The fact that the research agenda is defined and informed by the companies involving both Irish SMEs and multinationals gives strength to the industry’s effort to tackle challenges such as the patents cliff and manufacturing competitiveness.”
The industry consortium currently comprises a mix of indigenous multinational pharmaceutical companies and SME’s including: Alkermes, Allergan Pharmaceutical, Applied Process Consulting, Astellas, Bristol-Myers Squibb Swords, Crest Solutions, Eli Lilly, Gilead, GSK, Helsinn Birex, Innopharma Labs, Janssen, Label Art, Leo Pharma, Merck Sharp Dohme, Pfizer, Process Analytics,Roche, Servier, Sigmoid Pharma, Takeda Pharmaceuticals, Techno-Path, Teva Pharmaceuticals and TopChem Pharma.