28/03/2006

Abbott Investment To Create 155 Jobs

Abbott, one of the world’s largest healthcare companies, is to make a further high value healthcare investment in Ireland of €36 million, with the support of IDA Ireland, to establish a manufacturing facility for its diabetes care products in Donegal Town.

It will create 155 high quality jobs with over 45% requiring a third level qualification. Abbott has six manufacturing operations in Ireland, producing pharmaceutical, medical devices, nutritional and diagnostics products, in Sligo, Cootehill, Galway and Longford and employing over 2,200 people.

Abbott Diabetes Caredevelops and manufactures innovative blood glucose monitoring products for people with diabetes. Abbott Diabetes Care will establish a manufacturing facility in Donegal Town to produce FreeStyle strips for monitoring blood glucose levels to service its growing global business.

Minister for Enterprise, Trade and Employment Micheál Martin said: “Today’s announcement of Abbott’s investment is tremendous news for Donegal. Ireland, and particularly the BMW region, has benefited greatly from Abbott’s commitment to this country for six decades, and in return, Ireland has proven to be a highly successful location for Abbott’s global manufacturing. This latest investment will further deepen that long-term relationship. Its decision to locate in Donegal town is an important component in developing the medical technologies industry in the North West. I want to thank Abbott for its ongoing commitment to Ireland and for its decision to choose the Hospira building in which to locate its new operation.”

Abbott Diabetes Care designs, manufactures and markets advanced blood glucose monitoring systems. Leading brands include FreeStyle, and FreeStyle Mini – the smallest blood glucose monitor in the world.

(CD)

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