Eight Irish MedTech specialist companies have come together to form an innovative business cluster to promote Ireland as a global centre of excellence for the industry.

The Atlantic MedTech Cluster is one of the first collaborative groups set up under Enterprise Ireland’s Clustering Programme. It comprises of Arrotek, ATS, iNBLEX Plastics, Pharma Stainless, SL Controls, Tool & Gauge, Verus Precision and Ward Automation.  

The collaborative business organisation allows potential clients to easily access multiple leading MedTech service providers in Ireland. It also allows clients the option of cluster members collaborating on projects, which would streamline project management, resources and delivery.

The companies, which are all based in the North West of Ireland, have an annual revenue of €33m combined and employ 287 people in the region.

About the new cluster, Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: "Enterprise Ireland’s Clustering Programme is an element of the Government’s Action Plan for Jobs and is designed to encourage groups of businesses to collaborate to achieve specific objectives, improve competitive advantage, and ultimately, create jobs."

Ms Humphreys concluded: "The Atlantic Medtech Cluster is an excellent example of what can be achieved under this initiative. Its eight members are already establishing an international presence.”

Source: www.businessworld.ie