The Irish Independent has today reported that US pharma giant Eli Lilly is to proceed with a €200m expansion at its Kinsale manufacturing site in Co Cork.
According to the report, senior management in Ireland were informed in recent days that Eli Lilly's global board had given the green light for the project which will create hundreds of new jobs in addition to the 500 people already employed in Kinsale.
This development will see the Kinsale site becoming the centre of excellence for continuous manufacturing for Active Pharmaceutical Ingredients (API) for Lilly worldwide.
Lilly has been in Ireland for over 35 years and now employs around 1,000 people in three operations in Kinsale, Cork City and Dublin.
Source: www.businessworld.ie
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