Pharma firm sees threefold profit rise

Pre-tax profits at the Irish arm of pharmaceutical firm, Jazz Pharmaceuticals increased more than three fold to $235.1m (€207.65m) in 2013.

Figures lodged with the Companies Office show that Jazz Pharmaceuticals Ireland Ltd enjoyed the sharp increase in pre-tax profits after revenues increased by 292% from $191.64m to $749.7m.

Pre-tax profits during the year increased from $71.18m to $235.16m.