Elan to sell Westmeath unit to US firm, 400 jobs 'safe'

Athlone-based pharmaceutical company Elan is selling its Westmeath unit to US biotechnology firm Alkermes.

Athlone-based pharmaceutical company Elan is selling its Westmeath unit to US biotechnology firm Alkermes.

It is understood Elan will be retaining a 25% share in the business, which employs 400 staff in Athlone.

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