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11/06/2013
Almac To Create 229 New Jobs In Craigavon
Enterprise Minister Arlene Foster has announced that Almac Pharma Services is to create 229 new jobs in Craigavon as part of a £13.7million investment.
Almac provides highly specialised drug development and manufacturing contract services to international pharmaceutical and biotechnology companies.
The £13.7 million investment is across two core areas of the business and Invest Northern Ireland has offered £2.05million of support.
Firstly, a new development and analytical facility will be established for its Pharmaceutical Development Service (PDS) creating highly specialised formulation drug testing, compliance and quality positions. Secondly, an expansion of a key production line which is used to manufacture a highly successful product for export markets will result in further skilled operations and manufacturing jobs.
The Minister said: "This investment is good news for Craigavon and will reinforce Northern Ireland's position in the wider life sciences sector. The 229 new jobs will deliver almost £5.5 million annually in salaries, bringing an important and positive economic boost which will benefit local people.
"Almac has a reputation for excellence in the international pharmaceuticals sector and today's announcement will ensure that it remains in a competitive position and can continue to meet the needs of its global client base."
(CD/MH)
Almac provides highly specialised drug development and manufacturing contract services to international pharmaceutical and biotechnology companies.
The £13.7 million investment is across two core areas of the business and Invest Northern Ireland has offered £2.05million of support.
Firstly, a new development and analytical facility will be established for its Pharmaceutical Development Service (PDS) creating highly specialised formulation drug testing, compliance and quality positions. Secondly, an expansion of a key production line which is used to manufacture a highly successful product for export markets will result in further skilled operations and manufacturing jobs.
The Minister said: "This investment is good news for Craigavon and will reinforce Northern Ireland's position in the wider life sciences sector. The 229 new jobs will deliver almost £5.5 million annually in salaries, bringing an important and positive economic boost which will benefit local people.
"Almac has a reputation for excellence in the international pharmaceuticals sector and today's announcement will ensure that it remains in a competitive position and can continue to meet the needs of its global client base."
(CD/MH)
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