Over 300 delegates discussed Ireland's life sciences sector yesterday, at the Life Sciences International Summit held in Croke Park, Dublin.
Experts from the pharmaceutical and fine chemicals sectors and international venture capitalists marked Ireland’s achievements to date and focused on Ireland’s strategy for further innovation.
Speaking at the Summit, Minister for Science, Technology & Innovation Conor Lenihan stated that “Life sciences are enormously important to the Irish economy and its development to date and into the future.
"Looking at 2009 alone, the Life Sciences Sector here generated in excess of €53 billion in exports last year and directly employed over 52,000 people, with many others employed in ancillary support jobs.
"In addition, the Life Science sector contributed approximately €4 billion to the exchequer by way corporation tax and total tax receipts annually. Quite simply, it’s critical to our success” the Minister concluded.
The event – themed Towards 2020: Harnessing the Opportunities –provided delegates with an overview of the challenges facing the global life sciences sector as well as critical insights into possible developments and solutions. Jim Breslin, Assistant Secretary at the Department for Health and Children, discussed in relation to the health sector - access, quality of service, cost and the need for increased efficiency and effectiveness in meeting patient’s needs.
The event was hosted by Business & Finance Media Group and partnered with IDA Ireland, Science Foundation Ireland and Enterprise Ireland, PwC, ByrneWallace and MSD.
This article is taken from- http://www.businessandfinance.ie/cat_news_detail.jsp?itemID=3175
Experts from the pharmaceutical and fine chemicals sectors and international venture capitalists marked Ireland’s achievements to date and focused on Ireland’s strategy for further innovation.
Speaking at the Summit, Minister for Science, Technology & Innovation Conor Lenihan stated that “Life sciences are enormously important to the Irish economy and its development to date and into the future.
"Looking at 2009 alone, the Life Sciences Sector here generated in excess of €53 billion in exports last year and directly employed over 52,000 people, with many others employed in ancillary support jobs.
"In addition, the Life Science sector contributed approximately €4 billion to the exchequer by way corporation tax and total tax receipts annually. Quite simply, it’s critical to our success” the Minister concluded.
The event – themed Towards 2020: Harnessing the Opportunities –provided delegates with an overview of the challenges facing the global life sciences sector as well as critical insights into possible developments and solutions. Jim Breslin, Assistant Secretary at the Department for Health and Children, discussed in relation to the health sector - access, quality of service, cost and the need for increased efficiency and effectiveness in meeting patient’s needs.
The event was hosted by Business & Finance Media Group and partnered with IDA Ireland, Science Foundation Ireland and Enterprise Ireland, PwC, ByrneWallace and MSD.
This article is taken from- http://www.businessandfinance.ie/cat_news_detail.jsp?itemID=3175
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