Merck Opens R&D Facility in Ireland
Six drugs are currently in development at the facility, including Merck's candidate drug for the treatment of hepatitis C and a dual high cholesterol/type II diabetes medication.
US-based pharmaceutical company Merck has launched a €100m R&D facility in Ireland.
The facility at Ballydine, Co Tipperary will house 70 new R&D roles, with the capacity to expand to 120 should new innovative medicines be developed. An additional investment of €6m is already planned to cater for the extra capacity.
Six drugs are currently in development at the facility, including Merck's candidate drug for the treatment of hepatitis C and a dual high cholesterol/type II diabetes medication. Three of Merck's five top priority candidate medicine research programmes are now based at the facility.
Ballyd
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