lifesciences: biotech & pharmaceuticals in ireland

7/31/2019 Lifesciences: Biotech & Pharmaceuticals in Ireland

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Atharva LifeSciences Consulting Pvt. Ltd. 2

foreword

Ireland and science are almost

synonymous with Ireland hav-

ing a long history of science

development and innovation.

This global lifesciences reportby Atharva Lifesciences Con-

sulting Pvt. Ltd., is not just about

Bio Pharma. Apart from Bio-

tech, Pharma it also focuses

on agriculture, veternairy and

fsheries presenting an inte-

grated approach to under-

standing lifesciences in Ireland.

Karnvir Singh Mundrey

Editor

Director

Atharva Lifesciences Consulting Pvt. Ltd.

Ireland and science are almost synony-

mous with Ireland having a long history ofscience development and innovation.

Today, Ireland has over 170 bio pharma

companies employing 35,000 people in

the in the pharmaceutical/ chemical, bi-

opharmaceuticals, medical devices and

diagnostics sectors and is the European

home to such household names as John-

son & Johnson, Pzer, Wyeth, Schering

Plough, Bristol Meyers Squibb and Gen-

zyme.

Add to this mix a large-scale government

investment in research and an increase in

entrepreneurial and venture capital activ-

ity and we can see why Ireland is emerg-

ing as a truly world-class life sciences

cluster

Ireland is also now one of the worlds larg-

est exporters of pharmaceuticals with an-

nual exports of intermediates and nished

pharmaceuticals worth over 34 billionand with six out of ten of the worlds top

selling drugs produced in Ireland.

This global lifesciences report by Atharva

Lifesciences Consulting Pvt. Ltd., is not

just about Bio Pharma. Apart from Bio-

tech, Pharma it also focuses on agricul-

ture, veternairy and sheries presenting

an integrated approach to understanding

lifesciences in Ireland.


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1. INTRODUCTION....................................................................................................081.1 Demographics..................................................................................................121.2 Research, Development and Innovation..........................................................131.2.1 Research Centres in Ireland.........................................................................191.2.2 Funding for Research...................................................................................25

2. LIFESICENCES IN IRELAND- OVERVIEW..........................................................302.1 Status of Sector...............................................................................................33

2.1.1 Biopharm......................................................................................................332.1.2 Medical Technology......................................................................................402.1.3 Diagnostics...................................................................................................492.1.4 Agriculture/ Veterinary...................................................................................512.1.5 Fisheries.......................................................................................................53

2.1.6 Renewable Energy...................................................................................55

2.2 Life Science Associations and Societies.....................................................572.3 Lifescience Cluster......................................................................................62

3. INVESTMENT FACTORS...................................................................................644 DOING BUSINESS IN IRELAND.........................................................................67

4.1 Types of Business.......................................................................................694.2. Visa Requirement......................................................................................73

Contents

55

08

62

30

67

51

57

25

64

33

73

53

4.3. Establishing a Company.................................................................................764.4. Registering a Business...................................................................................794.5. Transferring Assets.........................................................................................824.6 Business Premises..........................................................................................834.7 Financing a Business......................................................................................854.8. Incentive Programs.........................................................................................89

76 79

89

83

85

82

93 98

221

114

118

107

4.9. Employment and Social Security..................................................................935. TAX SYSTEM.....................................................................................................986. LEGAL FRAMEWORK.....................................................................................1077. OPPORTUNITIES AND REQUIREMENTS.....................................................1148. PROFILES OF MAJOR LIFESCIENCE FIRMS............................................118

9. LIFESCIENCE EVENTS....................................................................................221


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lifesciences: biotech & pharmaceuticals in ireland

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