Cork ‘has potential’ to become world leader in the production of medicine

CORK has the potential to have the same reputation as a producer of medicine as Switzerland does for watches.

This is according to one of the leading figures in the pharmaceutical industry who said Ireland needs to reach a stage where firms want to bring a molecule to here and Ireland says: “Leave the rest to us, we will develop it and supply it to the world.”

Bio and Pharma Consulting chief executive Graham Symcox said Ireland tends to focus on manufacturing but the time has come for companies in the country to be more involved in product development.