Positive prognosis for drugs industry
The news cast an unexpected shadow on an industry that has been one of Ireland’s biggest success stories over the last 30 years.
But even allowing for developments at Schering-Plough, the industry continued to show plenty of verve during 2003 and helped keep the economy in good health. Pharmaceuticals account for almost 15,000 jobs and over one-third of Irish exports, totalling an impressive €34 billion. No other European country benefits so much from the industry - or has so much to lose.
