Pharma sector adapting to changed trading environment against backdrop of US tariffs
While tariffs stall decision making, Ireland cannot stand still if it wants to remain a location of choice for manufacturers
Life Sciences and Stem special report looks at how the life sciences sector in Ireland has played a huge part in the fight against Covid-19 and advancing Ireland’s reputation not only as a global leader in manufacturing but also in research and development.
While tariffs stall decision making, Ireland cannot stand still if it wants to remain a location of choice for manufacturers
A strategic focus on collaboration between industry and academia is essential for sustaining growth and competitiveness in the pharma sector
Actively moving up the value chain toward drug discovery, development and digital therapeutics is key to sustaining the State’s reputation for R&D excellence
Strategic leadership, scaling the talent pipeline and regulatory sandboxes are all key, but must be underpinned by digital and energy infrastructure
Healthcare’s digitalisation has the potential to fundamentally change how we diagnose, treat and care for people
Progress has been made but there is still some way to go in bringing young women into Stem and life sciences
Research centres within higher education institutions are crucial to foster high-potential spin-outs
Sustainability and digital skills are key areas where talent gaps are emerging
Ireland’s economic success is due in no small part to the life sciences sector, but the challenge now is how to maintain a competitive position in the face of multiple threats
Ireland’s research record is a key part of the ecosystem that attracts and retains international pharma and biopharma companies
The ability of artificial intelligence to quickly analyse huge data sets is revolutionising expensive and time-consuming processes in medicine production
Incentives are key to attract large investments and keep up in the medtech innovation arena
Pharma start-ups are expensive but a partnership approach can lend credibility and attract additional investors
The EU MDR, although aimed at improving safety and capability, places significant demands on the industry
To maintain our strong position in the globally competitive medtech sector, Ireland must remain innovative
In R&D, Ireland punches above its weight internationally – it’s important that we continue to move up the value chain
Despite its regulatory challenges, artificial intelligence makes this an exciting time to be involved in the pharmaceutical industry
Stable policy and the highest number of Stem graduates per capita in the EU are just two of the reasons for Ireland’s enviable life sciences success
Its proven track record means Ireland is well positioned to benefit from the next wave of pharma advances
Smart medical devices and AI enhancement and integration have the potential to revolutionise healthcare
With multinationals in need of skilled, knowledgeable staff, Stem growth will help keep Ireland competitive
The sector has prospered in from continuing life investment but there are areas that could benefit from further development
Public-private collaboration was critical in the response to Covid-19
Demand for the adoption of digital health has accelerated as a result of Covid-19
The Irish medtech sector employs 40,000 people but maintaining our global reputation will require action in a number of areas
Ireland has evolved into a highly cohesive research and innovation ecosystem
New EU rules requiring recertification of medical devices by May 2024 have prompted fears that patient access to medtech may be put at risk
Yhe continued success in R&D delivering new therapies and treatments will rely on the continued innovation and ingenuity of research conducted by academic institutions/academic partners across Ireland
Ireland’s pharmaceutical industry has seen a steady evolution to a fully integrated sector since it was first established in the 1950s
Irish firms played crucial roles in national and international response to Covid-19
Agility is important to the sector and valued by professionals who want to progress
Why Ireland is an attractive home for the world’s life science companies
Sector employing 50,000 in Ireland leans towards scientific and engineering roles
‘I was the first woman to win that award and all of a sudden I had a huge influx of women applying to work here’
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