Press Release 12 Dec 2014


The Irish Medical Devices Association (IMDA), the Ibec groups that represent the medical technology sector, today announced Nypro Healthcare as the Company of the Year at the Irish Medical Technology Industry Awards, jointly hosted with Enterprise Ireland and IDA Ireland, in the Limerick Strand Hotel, last night.

Nypro Healthcare provides customers with a comprehensive process for early stage design and development, clinical build supply and final large scale manufacture of medical devices. This year they partnered with Glide Pharma to design a new auto-injector device, this drug delivery system opens up novel therapeutic formulation and delivery options for new and existing treatments. Their design process ensures that products developed can be transferred  to large scale production quickly, so that patients can benefit from the latest innovations.

Nypro Healthcare Ireland General Manager Padhraic McGinn: "It is great that the hard work and dedication of the entire Nypro team has been acknowledged by the wider medtech community. This has been a fantastic year for Nypro as we expanded our operations across two world class sites in Bray and Waterford, employing over 450 colleagues. Our partnership with Glide Pharma on the solid dose auto-injector has been extremely successful and we anticipate further growth in this area. Receiving this award will help the company in its quest for new markets and new revenues.”

Winners:

  • Medical Technology Company of the Year: Nypro Healthcare won the award and Abbott Vascular came in second place
  • Emerging category: Neuromod Devices
  • Academic category: Cork Institute of Technology Medical Engineering Design and Innovation Centre

Director of the IMDA Sinead Keogh said: "The medtech awards are a great chance to recognise the innovation coming from the sector and the future growth potential. IMDA's latest survey shows that 94% of companies are confident about their business with 42% saying they are more confident now than they were three months ago. We expect this to continue, with nearly half of companies planning to hire new staff. Our commitment to patient care remains strong. Over a third of companies said that they plan to spend more on R&D over the coming months."

IDA Ireland Head of Medical Technologies Andrew Vogelaar said: “The life sciences sector has announced €3 billion in investment in the last three years, with over €750 million for medtech alone. The awards are a fantastic opportunity for both multinational and Irish indigenous companies to display their latest products and services and we are delighted to be able to announce such worthy and accomplished winners.”

Enterprise Ireland Senior Development Advisor Life Sciences Department John Shiel said: "This is our second year to have a collaborative Medical Technology Academic Award. We are delighted to see Cork Institute of Technology’s Medical Engineering Design and Innovation Centre (MEDIC) win. This recognises MEDIC’s contribution to the development of the sector in Ireland, particularly in medical device design, as exemplified by the tympanostomy tube device. MEDIC’s (ISO 13485) certified quality system allowed the seamless transfer of this production-ready device to their industry partner, and Enterprise Ireland client, AventaMed.”

Site Director Abbott Vascular William Boxwell said: “It is a tribute to decade of hard work and commitment by one of the best teams in medical devices, working together toward a common purpose. To be the first company in Europe to achieve the Shingo Prize for Operational Excellence was a great achievement and now to be recognised by our own association within Ireland is very humbling.”

CEO Neuromod Devices Dr Ross O’Neill said: “It is an honour to receive this award, especially in Ireland where we have such a thriving medical technology sector. As an emerging company, today we are also proud to announce the launch of our mutebutton multisensory tinnitus treatment, the opening of the Neuromod Clinic and the creation of 50 new jobs.”

Head of MEDIC Cork Institute of Technology Daithi Fallon said: "We are absolutely delighted to win this award and for our work to be recognised in this way. MEDIC has been on the innovation and commercialisation trial since well before it became part of the common language of the third-level sector. We have brought industry-standard discipline into the research lab by building a team of highly experienced engineers and innovators and I want to thank all of my MEDIC colleagues as well as Cork Institute of Technology and EI for all their support."

The shortlisted organisations were:

  • Medical Technology Company of the Year: Clonmel; DePuy Syntheses; Stryker Ireland
  • Emerging category: Incereb Ltd; PMD Solutions
  • Academic category: Galway-Mayo Institute of Technology; Trinity College Dublin

The Irish Medical Devices Association (IMDA) aims to promote and support an environment that encourages the sustainable development and profitable growth of multinational and indigenous medical device and diagnostic companies. 170 members strong, IMDA achieve this by focusing on four strategic themes including; ecosystem development; industry foresight; entrepreneurship and member services. IMDA is the business association within Ibec for the Medical Devices and Diagnostics sector.

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