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DePuy Synthes to invest €36m in Cork

Written by Robert McHugh, on 29th Jan 2019. Posted in General

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The Tánaiste and Minister for Foreign Affairs and Trade, Simon Coveney, yesterday announced a €36 million investment in ground-breaking research and development projects at the DePuy Synthes Ireland Innovation Centre, Loughbeg, Ringaskiddy, Co. Cork.
 
Since launching a decade ago, the Centre has accelerated innovative technologies and new product introductions for the company’s orthopaedic portfolio. New projects will focus on advancing material science in 3D printing, coatings and surface treatments to meet future needs. 

The expansion includes the establishment of a 3-D Printing Development and Launch Center on-site, as well as the Johnson & Johnson 3D Bioprinting Laboratory, launched last year in collaboration with Trinity College Dublin.
  
The five year project is supported by the Department of Business, Enterprise & Innovation, through IDA Ireland. It will result in significant developments at the company’s Materials and Surface Technology Centre, including co-location with Johnson & Johnson’s 3D Printing Center of Excellence, creating 30 additional high-quality positions. 
 
Making the announcement in Ringaskiddy, Tánaiste and Minister for Foreign Affairs and Trade, Simon Coveney said, "DePuy Synthes’ investment of €36 million in innovation and the addition of 30 jobs at the company’s Materials Centre of Excellence is fantastic news for the region, and clearly demonstrates the strong commitment by DePuy to the site. This has been built on a solid track record of over 20 years of successful operations here in Cork." 
 
Shannon Crespin, VP, Global Supply Chain, DePuy Synthes added, "I'm delighted to be here for today’s announcement, which marks the next phase in the exciting R&D activity being undertaken at this Innovation Centre. As the world’s most comprehensive medical devices business, our expert team continues to develop ground-breaking healthcare solutions, underlining our ongoing commitment to improving patient outcomes and shaping the future of healthcare delivery."
 
Source: www.businessworld.ie

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