Ireland’s Industrial Development Agency (www.idaireland.com), a government organization that helps secure new investment from overseas, notes that foreign investment in Ireland’s pharmaceutical sector began more than 40 years ago, with Bristol-Myers Squibb being the first to locate in the country in 1964.
IDA’s Web site says, “The pharmaceutical sector makes an enormous contribution to the generation of wealth in the Irish economy and has experienced significant growth in recent years as evidenced by the following statistics:
• €29.7 billion of exports (40 percent of total manufacturing exports)
