€5m boost to see top firms’ work at facility

SOME of the leading global and Irish names in technological and medical devices will have their key research work carried out in a Cork facility under a €5 million investment by Enterprise Ireland over the next five years.

The reputation of the Tyndall National Institute – which also had its new €49m research building opened by Tánaiste and Enterprise, Trade and Employment Minister Mary Coughlan yesterday – in supporting firms like Intel, Seagate, Medtronic and Analog Devices, is expected to boost the country’s ability to attract inward investment by major international companies.

The work to be conducted there as part of the new Competence Centre for Applied Nanotechnology (CANN) will include finding better ways of delivering drugs and improved diagnostics for the health sector, while better storage and memory capacity for electronic devices will also be developed, according to Enterprise Ireland research and innovation manager Martin Lyes.