Amneal is aiming to open its high tech manufacturing plant on the Cahir road in Cashel in early 2018, the Tipperary Star has learned.
The state-of-the-art facility left over from Alza/Cordis is currently being re-fitted with all the equipment necessary to manufacture inhalers by the New Jersey based firm.
A spokesperson for the company said: “Our intention is to host an official opening ceremony once we are in full commercial production; at this time we are targeting the first half of 2018.”
“We would hope to have in excess of 250 people once we are at full production capacity.” While the company cannot disclose the financial scale of the investment, the spokesperson did say that “this facility will be dedicated to the production of meter dosed inhalers and dry powder inhalers.
“We are also going to focus on developing and producing biosimilars – approved biological products that are comparable to originator biologics, in terms of safety and effectiveness.
“These are all high-end specialty medications for the treatment of life-threatening diseases such as cancer, asthma and chronic obstructive pulmonary disorder (COPD), which will be distributed across Europe and the United States. These medicines will be produced on very sophisticated manufacturing lines equipped with high levels of automation and quality control systems.”
Company chiefs are pleased with the response in terms of recruiting highly-skilled staff in Ireland. “We are delighted with the talent we have hired to-date and the overall talent available in the region.”
Amneal chose Cashel due to “the availability of existing manufacturing infrastructure, as well as the quality of its local workforce, the enthusiastic support of government leaders and a positive business environment were important factors in our decision to build our operations in Cashel.”
The spokesperson said they foresee a close and warm relationship with the local community.
“We are already involved in many community initiatives. In particular, we are developing a strong link with our near neighbours, Scoil Aonghusa, who specialise in education for children with special needs. A number of our employees have visited the school to view first-hand the great work carried out there.
“Now that the summer break is coming to an end, we look forward to continuing our support in the coming academic year,” added the spokesperson.
Launched in 2002 in New Jersey by brothers Chirag Patel and Chintu Patel, Amneal has rapidly grown its production of generic prescription products, eventually launching their own label in June of 2007. Today, Amneal is one of the fastest-growing companies in the pharmaceutical industry and has expanded beyond the United States with offices on the Australian, European and Asian continents.