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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Mylan to Invest $500 Million in Ireland Over Next Five Years

3:04 AM MDT | April 19, 2012 | Deepti Ramesh

Mylan (Canonsburg, PA) says it will invest €76 million/year ($100 million/year) over the next five years in the company’s operations at Dublin and Galway in Ireland. Mylan will add more than 500 new positions to its Ireland-based workforce by 2016. Mylan currently employs about 700 people at its facilities in Ireland. The planned expansion of Mylan's operations in Ireland involves R&D and manufacturing capabilities within the company's respiratory, injectables and oral solids franchises. Of the 500 jobs to be added by 2016, about 220 will be based...

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