With new headquarters situated in Dublin.
Marking its first time of functions in Ireland, Alkermes offers announced a multiyear, multimillion dollar manufacturing agreement with among the world’s top ten pharmaceutical companies. Beneath the conditions of the agreement, Alkermes will produce the business’s finished pharmaceutical item, which will be created at Alkermes’ Athlone, Ireland facility. Alkermes expects this agreement to create $15 million to $20 million in annual developing revenues by 2016. The Athlone facility is one of three major manufacturing plant life owned by Alkermes plc at which the company produces proprietary, contract-made and partnered drug products. Welcoming today’s announcement, Mr. John Perry TD, Minister of State for Small Business said, Alkermes plc’s decision to establish its headquarters in Ireland can be further demonstration of the country’s continued ability to attract companies, like Alkermes, in development industries, to create operations here. (more…)