Up to 48 new jobs are to be created at a new research and development (R&D) facility in Killarney over the next two years following the establishment of high-potential start-up firm BeoCare, which will develop and manufacture high-value medical devices.
Minister for Enterprise, Trade and Employment Micheál Martin TD said that at least 10 of the 48 new jobs to be created will be directly involved in R&D activities.
“This investment in market-led R&D will help BeoCare anticipate and respond to the needs of its international customers and deliver innovative products,” Minister Martin said.
“Healthcare and life sciences are sectors in which we are developing strong clusters of dynamic Irish companies. The development of companies such as BeoCare in high-value knowledge-intensive sectors is a key element of Enterprise Ireland’s [EI] 2005-2007 Strategy Transforming Irish Industry,” Martin added.
The minister said a growing the number of start-up firms is essential to developing and sustaining Ireland’s regional economies and is a major focus of EI’s strategy. “BeoCare’s location in Killarney will not only create jobs in the local area, but also generate spin-off economic activities that are very important in promoting regional development,” the Minister said.
By John Kennedy