IDA Ireland

Gold Sponsor: Ireland has created a highly supportive environment for lifesciences that provides the right conditions and the substantial resources necessary for encouraging strategic investment in innovation, research and development, business growth and commercial success, across the sector. This has proved hugely beneficial for many of the world’s leading MNCS and successful indigenous Irish companies.

Significant investment in research in the last decade has provided a strong and dynamic foundation of skills and technologies to support industries that continue to establish themselves in Ireland and expand from Ireland. Collaboration between industry and academia is driving innovation, business growth and commercial success from Ireland.

Ireland has been, and remains, extremely attractive to the foreign investor for many unique reasons including a young, dynamic and well educated workforce that has proved a key resource for companies and a corporation tax rate at 12.5%. Nine of the top ten global pharmaceutical companies are located in Ireland, with seven out of ten pharmaceutical blockbusters produced in this Atlantic gateway.

Ireland is growing a new indigenous biopharma industry, which follows a well established group of world class Irish companies who are supporting the broad pharmaceutical sector across the world.

The biopharma industry has found a natural home in Ireland. Those of you in the BioPharma Sector in Asia who have yet to experience Innovation Ireland are very welcome to make yourselves feel at home.