Regeneron Ireland has reached a milestone of 1,000 employees at its Industrial Operations and Product Supply (IOPS) facility in the Raheen Industrial Estate, Co. Limerick
Regeneron Ireland hires their 1,000th employee with plans to hire over 60 more
The leading biotechnology company Regeneron has reached a milestone of 1,000 employees at its Industrial Operations and Product Supply (IOPS) facility in the Raheen Industrial Estate, Co. Limerick. Today, May 27, Regeneron said that they have further plans for expansion and are to hire over 60 more employees in the near future.
Regeneron, which is headquartered in New York, acquired the former Dell computer facility in Limerick and achieved planning approval in April 2014 for its first IOPS site outside of the United States. Since then, the company has invested more than $1 billion dollars to build the largest biologics manufacturing facility in Ireland. The Limerick site continues to expand with construction ongoing for a new laboratory and office building which will allow for even more research and development of medicines.
Regeneron’s products are designed to help people with a range of health problems, including eye diseases, cancer, allergy and inflammatory diseases, cardiovascular and metabolic diseases, infectious diseases and other rare diseases. The company is currently in the process of developing a vaccine for Covid-19, testing one of its existing medicines, and developing an antibody cocktail known as Regn-Cov2. Clinical trials are due to begin next month.
The Executive Vice President and General Manager at IOPS, Daniel Van Phew, commented on their milestone saying, “It feels surreal to now have over 1000 of the most talented people in the industry working at our Raheen site. At the time we decided to set up shop in Limerick, I didn’t fully appreciate the depth of the Irish talent pool or how welcoming the community would be. It is a privilege to continue to work and grow in Limerick, and to be surrounded by so many hardworking and innovative people.”
Vice President and Site Head at IOPS, Niall O’Leary, said, “Employees at Regeneron work with a start-up mentality, have a strong team culture, and are passionate about the work we do. That has been Regeneron’s mindset for decades and we’ve brought the same attitude across the Atlantic. Since we hired our first employee in Ireland six years ago, to the 1000th employee today, we have continuously looked for people that fit our culture and this has served us very well. Our team is world-class.”
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