Tag Archive | "Biomarin"

Six of top 10 World’s Most Innovative Companies 2014 have Irish presence


Six of the top 10 companies on Forbes magazine’s list of The World’s Most Innovative Companies 2014 have Irish operations, with Salesforce.com coming in at No 1.

The San Francisco, California-based enterprise cloud computing applications provider, that has offices in Sandyford, Dublin, has received the recognition for the fourth year in a row now.

Forbes ranks companies on itsWorld’s Most Innovative Companies list by what it calls the companies’ ‘innovation premium’.

“(This premium is) the difference between their market capitalization and a net present value of cash flows from existing businesses (based on a proprietary formula from Credit Suisse HOLT),” Forbes states.

“The difference between them is the bonus given by equity investors on the educated hunch that the company will continue to come up with profitable new growth.”

Pharmaceuticals feature

Hot on the heels on Salesforce.com at No 2 on the list is Cheshire, Connecticut-based Alexion Pharmaceuticals. The bio-pharmaceutical company is building facilities in Dublin and Athlone.

In fifth place is bio-pharmaceutical company Regeneron Pharmaceuticals. Based in Tarrytown, New York, the firm is to establish a production facility in Limerick.

E-commerce giant Amazon.com, which is sixth on the list, has a development centre in Dublin.

Behind Amazon.com on the list is BioMarin Pharmaceutical, which has operations in Co Cork. Headquartered in San Rafael, California, the company develops and commercialises pharmaceuticals for serious diseases and medical conditions.

VMware is ninth on the list. The virtualisation infrastructure solutions provider is headquartered in Palo Alto, California, and has offices in Dublin and Cork.

Two fully Irish companies also made it onto Forbes’ list of The World’s Most Innovative Companies 2014.

Dublin-based global healthcare supplier Perrigo is in at No 45, and global information services company Experian, also based in the Irish capital, is No 97 on the list.

Posted in Innovation, IT Research, Medical Research, News, R&D Investment, R&D NewsComments (0)

Pharmaceutical firm creating 50 jobs in Dublin


BioMarin Manufacturing Ireland, a subsidiary of BioMarin Pharmaceutical Inc., is to add the positions at its Dublin Global Commercial Operations Hub.

The expansion follows the announcement earlier this week that the European Commission had approved VIMIZIM, an enzyme replacement drug made by BioMarin.

The jobs will be in accounting, finance, customer service and marketing.

The Dublin operation has responsibility for international supply chain, logistics and high-level commercial decision making, including price, distribution and third party contracts for the launch of VIMIZIM.

BioMarin also has a biopharma manufacturing facility in Shanbally in Cork, which is expected to grow to 140 employees by 2015.

The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

Minister for Jobs, Enterprise and Innovation Richard Bruton said the announcement was a further boost for the sector and for the city.

BioMarin Vice-President James Lennertz described Ireland as an ideal business environment and said Dublin was an essential part of the company’s strategy.

Posted in Appointments, Healthcare, Medical Research, R&D NewsComments (0)


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