Ireland and in particular the West employs highest number of MedTech personnel per capita in Europe
Fine Gael TD for Galway West and Mayo South Seán Kyne has welcomed the expansion of Medtronic and the establishment of Phenox this week and notes that it adds to Galway City and County’s reputation as a hub for medical technologies.
Phenox GmbH is setting up a medical device manufacturing facility in Ballybrit Business Park which will create 65 jobs in the production of devices used to treat strokes. Medtronic is expanding its workforce by 100 by establishing a new facility in Galway to manufacture a medical device for the treatment of peripheral artery disease.
Commented Deputy Kyne: “The decision of these two international companies to choose to invest in Galway is a further evidence of Galway’s development as an international hub for medical technologies.
“That life-enhancing and life-saving medical devices are designed and made in Galway for the entire global market is a source of pride for everyone in Galway.
“CSO data shows that over 10,000 people are employed in the MedTech sector in the West which contributes greatly to the fact that Ireland employs the highest per capita of medical technology personnel in Europe.
“The West Action Plan for Jobs is aiming to build on this strength with a number of measures planned to attract more companies to Galway and encourage entrepreneurs here in Galway to establish Irish MedTech companies.
“These measures include the construction by the IDA of a new advanced technology building in Galway by 2017; the promotion of the IDA’s regional sites in the City, Oranmore, Athenry among other areas; and the development of innovation hubs, such as ‘the PorterShed’ which provide collaborative working spaces for start-up companies.
“Of particular significance for the MedTech sector is the planned establishment of a regional office in Galway of the NSAI – the National Standards Authority of Ireland – which will provide local access to the Authority that sets the standards and provides certification for products such as medical devices.
“The West Action Plan for Jobs will I believe attract greater investment in Galway and provide the job creation necessary to continue our economic recovery”.