Life Sciences
Investing in Ireland
Ireland is counted among the global leaders in the life sciences industry and four decades of ongoing investment has made Ireland the location of choice for many global life sciences companies.
Ireland’s longstanding track record of attracting inward investment in the life sciences industry includes many of the major global players in the medical technologies and pharmaceutical sectors. Ireland boasts the largest cluster of medical technologies companies in Europe with 11 of the top 13 global medical technologies companies having manufacturing operations in Ireland.
R&D incentives
The activities carried out by these companies in Ireland ranges from research and development and high value manufacturing, to IP management and supply chain management.
This range of operations bears witness to the educated, flexible and highly-skilled workforce available in Ireland. This is testament to the fact that, once established in Ireland, many companies expand their operations beyond their initial presence.
The constant commitment of Irish governments in supporting and enhancing incentives for research and development, through tax benefits and grant aid, has resulted in over half of the life science companies operating in Ireland also carrying out research and development here.
Why Ireland?
- World-class research institutes and university programmes
- Availability of labour with specific science and engineering skills
- Regulatory track record
- Grant aid and tax incentives for research and development activities
- Wide range of experienced support service providers
- Transparent tax regime and commitment to 12.5% corporation tax rate
- Special Assignment Relief Programme to attract key talent to Ireland
Contact us
Lorraine Griffin
Partner
Head of Life Sciences
T: + 353 1 417 2992
