Irish Pharmaceutical Group to Generate 300 Jobs in €100m Expansion of Medicine Accelerator Campus in South Dublin
Dublin: The Medicine Accelerator Campus, a prominent Irish pharmaceutical medicine development group, is set to create 300 employment opportunities through a €100 million investment in the expansion of its facilities in Cherrywood, south Dublin. This development will solidify its position as the largest research and development site in Ireland, boasting 130,000 sq. ft. of space.
Housing APC, a leading pharmaceutical research and development entity, and its sister manufacturing company, VLE Therapeutics, the campus collaborates with global pharmaceutical companies, including eight of the top ten globally, and biotech enterprises to expedite the development and manufacturing of medicines.
Currently overseeing the development of over 35 medicines in areas such as oncology, respiratory disease, Alzheimer’s, and HIV, the Irish-owned group aims to enhance its competitiveness through increased integration of sustainability, artificial intelligence, and breakthrough science, according to Dr. Mark Barrett, CEO, and Co-Founder of APC & VLE Therapeutics.
The Medicine Accelerator Campus expansion will encompass the latest advancements in scientific research and digital technologies, including artificial intelligence and neural networks, alongside scientifically guided manufacturing activities.
With this expansion, the total employment within the group will reach 600. Founded 12 years ago by Dr. Barrett and Professor Brian Glennon of the UCD School of Chemical Bioprocess Engineering, the group has experienced organic growth without external investment, supported by Enterprise Ireland.
Enterprise Ireland chief executive Leo Clancy applauded the development, emphasising its contribution to Ireland’s global standing in the life sciences sector. Minister for Enterprise Simon Coveney also welcomed the investment, noting its demonstration of Irish-owned businesses’ potential to become world leaders in their respective fields.
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