UL biotech spinout to create 200 new Nenagh jobs

22 Mar 2010

A spinout biotechnology company from the University of Limerick is set to create up to 200 new jobs over the next five years through opening a new facility in Co Tipperary.

HKPB Scientific is set to locate its new plant at the Lisbunny Industrial Estate in Nenagh on the site of the former Aventis plant.

HKPB produces products such as a pioneering form of bone cement, which is used in procedures, including hip replacements. It has also developed a coating technology that will prevent the spread of the MRSA bug.

Nenagh offers potential for companies

Labour MEP Alan Kelly made the HKPB Scientific jobs announcement today.

“I am delighted to have attracted a company of this quality to Nenagh. They are creating the type of jobs we need – high-value, export-led jobs that will boost the entire regional economy,” Kelly said.

“Nenagh offers unrivalled potential for companies and it baffles me how the Government can allow facilities such as Lisbunny lie idle and fall into disrepair when there are innovation-led, high-potential businesses such as HKPB looking for a base,” he added.

“We are talking about a pioneering company that is founded and run by highly educated young Irish people and they should stand as a symbol of what is required to get this county back on its feet.

“Companies such as HKPB offer Nenagh sustainable growth into the future and I expect to see a great deal of jobs coming to the town as a result of this announcement, both directly and indirectly.”

Producing in-demand products

“We are going back to basics and producing something that’s in high demand,” explained HKPB’s CFO David O’Flynn.

“The company is delighted to have chosen Nenagh as the next step in our growth. We hope to link up with other business in the area and build a network of mutually beneficial partnerships,” he added.

HKPB has strategic links with the University of Limerick, Institute of Technology Tralee and the Royal College of Surgeons in Dublin.

Photo: Paul Rigby (from left), Dr Donncha Haverty, MEP Alan Kelly, David O’Flynn and Dr Joe Murray

Article courtesy of Businessandleadeship.com