Life Sciences - Medical Technologies
Nine of the top ten global MedTech companies have set up significant manufacturing bases in Ireland. This strong representation is testament to Ireland’s attractiveness for foreign MedTech investment.
Who are the key players?
Medtronic are world leaders in innovative medical technology and pioneering therapies for providing lifelong solutions to people living with chronic diseases. What are the key components to Medtronic’s success in Ireland?
Teleflex Medical is a global supplier of medical devices, surgical instruments, and disposable medical products. They design, manufacture and market under well known medical device brands used in respiratory care, anaesthesia, urology and a range of surgical procedures.
The research base in Ireland is being actively driven to reach new heights of internationally recognised excellence. Key components were the establishment of Science Foundation Ireland (SFI) in 2003 with €646 million Irish Government funding and the creation of dedicated research centres, such as the National Centre for Biomedical Engineering Science, at NUI, Galway.
Biotechnology and Information and Communications Technology are seen as the engines of future growth in the Irish and global economy and to date, SFI has committed over €320m to support over 750 world-class researchers working in these fields.
In January 2004, Science Foundation Ireland awarded €15 million to NUI Galway to establish the Regenerative Medicine Institute (REMEDI) following rigorous International Scientists' peer review. Regenerative Medicine is an exciting, emerging discipline, which will be used to repair tissues and organs and promises to partially replace current conventional medicine with its reliance on invasive techniques. REMEDI industry partners include Smith and Nephew
Key IDA People
Dave Shanahan
Turlough McCormack
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- E-G
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