David Loew, Ipsen CEO (via Twitter)

Ipsen be­comes the lat­est phar­ma to ex­pand in Ire­land, with a $50M in­vest­ment in its fa­cil­i­ty in Dublin sub­urbs

It is no se­cret that Ire­land has be­come a hot spot for phar­ma man­u­fac­tur­ing projects over the past year, and it seems that Ipsen will be the lat­est play­er to get in on the ac­tion.

On Mon­day Ipsen un­veiled the €52 mil­lion ($49.9 mil­lion) ex­pan­sion it made in­to its ac­tive phar­ma­ceu­ti­cal in­gre­di­ent man­u­fac­tur­ing fa­cil­i­ty in Blan­chard­stown, a small sub­urb of Dublin. The in­vest­ment is aimed at boost­ing med­i­cine and in­gre­di­ent pro­duc­tion in can­cer and rare dis­ease space.

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