11/06/2013

229 Jobs For Pharmaceutical Company

229 jobs are expected to be created as a result of a £13.7m investment by a Craigavon pharmaceutical company.

Almac Pharma Services provides drug development and manufacturing contract services to international pharmaceutical and biotechnology companies.

The investment is across two core areas of the business and Invest Northern Ireland has offered £2.05m of support.

A new development and analytical facility will be established for its Pharmaceutical Development Service (PDS).

The second development will be an expansion of a production line used to manufacture a product for export markets.

Speaking at the facility in Craigavon, Enterprise Minister Arlene Foster 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."

Graeme McBurney of Almac said: "Centralising and expanding our production in Craigavon will mean more cost effective manufacturing and optimal quality control and distribution. The added manufacturing capability will enable us to operate with improved speed and efficiency, particularly in the early stages of projects. Ultimately, the investment will make Almac an even more attractive proposition to international clients who seek streamlined, one stop drug development solutions."

(IT/CD)

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