Press Release 23 Sep 2016 Friday, 23rd September, 2016 -Balbriggan, Co Dublin – Alter Pharma today officially inaugurated its new 48,000 sq. ft. Headquarters for its worldwide operations in Balbriggan, Co Dublin. The company also announced its plans to add 80 new jobs bringing total employment onsite to 120 by 2018. Alter Pharma CEO Pieter Van Rompay was joined by Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, and staff from its sister site in Belgium to officiate at the opening ceremony.Founded in 2010, Alter Pharma has 5 companies based in Ireland including Generic Specialty Pharma (GSP) Ltd, Generic Pharma International Ltd, Steac Pharmaceuticals Ltd, Beta Active PI Pharma Ltd and Novalus Healthcare Ltd.Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor T.D said "The pharma industry makes a huge contribution to the Irish economy in terms of jobs and manufacturing exports, and is one of the fastest growing sectors. I welcome Alter Pharma's continued commitment to Ireland and its decision to base its HQ here is great news for both Balbriggan and Ireland. This is a continued testament to Ireland’s skilled workforce and I'm delighted that this investment will bring a further 80 jobs to Ireland.”CEO Pieter Van Rompay said “Opening our new €5 million euro facility underlines our commitment to Ireland and will allow for our rapid expansion plans. We look forward to continuing to grow our excellent team here to complement our product portfolio.”Opening our new €5 million euro facility underlines our commitment to Ireland and will allow for our rapid expansion plans. We look forward to continuing to grow our excellent team here to complement our product portfolio.CEO Pieter Van RompayMr Van Rompay also acknowledged the in-depth assistance provided by the IDA in the initial set up in Ireland and the identification of an appropriate facility to purchase and develop. Welcoming the announcement Martin Shanahan, CEO IDA Ireland said “Alter Pharma develops and manufactures generic pharmaceutical drugs in a range of important disease areas such as oncology, cardiology and central nervous system disorders. Ireland continues to attract large scale investment in pharmaceuticals with generic pharmaceuticals contributing significantly to overall employment figures within the sector. This positive news from Alter Pharma serves to further build expertise and strengthen Ireland’s position within this competitive market.”Alter Pharma is currently recruiting a number of positions, in all areas including, Research and Development, Regulatory, Supply Chain, Warehouse, Quality. About Alter Pharma Founded in 2010, Alter Pharma is a fast growing pharmaceutical group, specialised in the development, marketing, sales and supply of pharmaceuticals with a special focus on niche, well-established molecules and products difficult to develop or to manufacture. Alter Pharma strive to become one of the worlds most recognised developers of well-established pharmaceutical products. Alter Pharma’s Irish subsidiaries, based in Balbriggan with a head count of more than 40 people, are managing Research and Development, Regulatory, Supply as well as Quality for the group on a global level. Alter Pharma has an entrepreneurial culture, fostering open communication, mutual respect, professionalism and efficient decision making and is proud of its multi-cultural organisation with more than 15 nationalities.