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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.
7/31/2019 Lifesciences: Biotech & Pharmaceuticals in Ireland
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Atharva LifeSciences Consulting Pvt. Ltd. 3
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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Atharva LifeSciences Consulting Pvt. Ltd. 4
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