Abbott will spend $450M to up FreeStyle Libre production in Ireland

Abbott (NYSE:ABT) will spend €440 million ($450 million) to expand its operations in Ireland, the country’s government announced today.

The investment involves the creation of a new 250,000-square-foot manufacturing facility in Kilkenny and a further investment in the company’s Donegal Diabetes Care site. The investment will add 1,000 new jobs between the sites.

The new plant in Kilkenny will still need to clear planning permission. It will give Abbott the capacity to substantially increase the production of its FreeStyle Libre CGM technology for people with diabetes.

“Abbott has a long and successful history, first establishing operations in Ireland in 1946, and this new investment is a great vote of confidence in the workforce here and in this country as a place to invest,” Irish Taoiseach Micheál Martin said in a news release.

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Boston Scientific pouring €100M into Irish campus

[Image courtesy of Google]Boston Scientific (NYSE:BSX) has unveiled plans for a €100 million ($118 million) expansion of its operations outside Galway, an Irish economic development agency announced today.

IDA Ireland said the project will create more than 300 jobs in the coming years. The construction project will create more than 40,000 ft2 of carbon-neutral medical device manufacturing space powered by renewable energy at Ballybrit outside Galway.

“This is a welcome investment in the medical technology industry in Galway and the entire region, and it reflects real confidence in the quality and talent of the Irish workforce,” Irish Taoiseach Micheál Martin said in a news release. “Ireland has established itself as a global leader in the sector, with exciting opportunities to produce innovations that improve patient health and quality of life.”

Boston Scientific has had a presence in Galway for nearly 30 years, expanding the site’s capabilities to in…

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Boston Scientific to invest more than $30M in Irish facility

[Image courtesy of Google Maps]Boston Scientific (NYSE:BSX) will invest €30 million (about $34 million) in its Cork, Ireland facility, the Irish government announced today.

The Irish government supported the research, development and innovation (RD&I) investment through IDA Ireland. The money will go toward accelerating the development and manufacturing of minimally-invasive medical technologies that treat patients suffering from cancer and peripheral arterial diseases worldwide.

Boston Scientific will create 70 new engineering and production jobs in Cork over the next three years — on top of the 1,200 people employed at the site.

“This investment will allow the company to grow and develop its world-leading technologies and ensure that it continues helping to improve and save lives. Ireland is globally recognized as a center of excellence for the Life Sciences, and this investment is a real vote of confidence in us and our capacity,” said Le…

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