Taoiseach lauds Allergan's planned €42m. investment

GLOBAL pharmaceutical firm Allergan is to invest €42 million in its Irish operations as the company marks 40 years of business in Ireland.

Allergan employs around 1,700 people at its plants in Dublin and Mayo.

The new investment will support increased manufacturing capabilities for some of Allergan's key products.

Welcoming the announcement, Taoiseach Enda Kenny stated: “Allergan were amongst the early arrivals to Ireland and helped to sow the seeds of what was then our emerging pharmaceutical sector, which thankfully took root with much vigour over the intervening years.'

Allergan also announced it will become the official sponsor of the Irish Open Golf Championship.

A new €50,000 innovation award will also be run in conjunction with a number of colleges across the country.