Sector News

Eli Lilly to invest $1.8bn in manufacturing capacity in Ireland

September 13, 2024
Life sciences

Eli Lilly and Company has announced a significant expansion of its manufacturing presence in Ireland, with a $1bn investment earmarked for its Limerick site.

The move is aimed at boosting the company’s production of biologic active ingredients, including those for its approved Alzheimer’s treatment.

It also revealed an $800m facility expansion in Kinsale, which has already commenced production to support Lilly’s obesity and diabetes treatments.

Lilly has invested more than $20bn since 2020 to enhance and acquire manufacturing sites across the US and Europe.

The Limerick facility will become a part of Lilly’s global network, producing biologically active ingredients for its Alzheimer’s disease portfolio and other biologic therapies.

The Limerick expansion will incorporate advanced technologies such as machine learning, AI and automated robotics to ensure precision and reliability in medicine production.

The expansion will create 150 for highly skilled professional jobs, bringing the total workforce to 450.

Groundbreaking for the Limerick site took place in March 2023, with production expected to commence in 2026.

The Kinsale facility is integral to the continuous supply of Lilly’s medications for diabetes and obesity.

It features a digital-first approach with continuous manufacturing technology, establishing a new platform for synthesising complex peptides.

Lilly manufacturing operations president and executive vice-president Edgardo Hernandez stated: “These investments will boost the production of some of our medicines, helping millions of people with diabetes, obesity and Alzheimer’s disease live the healthiest lives possible.

“We won’t stop there – these state-of-the-art facilities will also be equipped to support our promising pipeline molecules of the future.”

The latest development comes after Eli Lilly announced plans to partner with Haya Therapeutics in a $1bn deal to discover multiple regulatory-genome-derived RNA-based drug targets for obesity treatment.

Source: pharmaceutical-technology.com

comments closed

Related News

October 6, 2024

Meet Rosalie Harrison, Borderless Life Sciences Partner at CPHI Milan

Life sciences

“There’s no better place to meet our industry partners in person and get a first-hand feel for the state of the pharma industry than at CPHI,” says Borderless Partner Rosalie Harrison, who leads the firm’s life sciences practice.

October 6, 2024

Boehringer Ingelheim expands cancer research at Vienna Site

Life sciences

On Sep. 25, German biopharma company Boehringer Ingelheim opened its new 11,000 sqm Angelika Amon Research Building at its site in Vienna, Austria. According to Boehringer Ingelheim, the investment of around €60 million is further proof of the company’s commitment to cancer research.

October 6, 2024

Lilly announces new $4.5 Billion site

Life sciences

Eli Lilly and Company (Lilly) recently announced a $4.5 billion (€4.07 billion) investment to create the Lilly Medicine Foundry, a new center for advanced manufacturing and drug development. The facility will enable Lilly to research new methods of producing medicines and scale up manufacturing for clinical trials.