Ireland’s Pharma Industry Faces Growth Challenges

Ireland is the world’s largest net exporter of pharmaceuticals, however, the country's pharma industry faces challenges to future growth.

John Perry, Ireland’s minister of state for small business, told a meeting of the Irish Pharmaceutical Healthcare Association that  the country's pharma industry, which generates half of the nation's total exports, faces challenges to future growth.

Ireland is the world’s largest net exporter of pharmaceuticals, with total exports of €55 billion ($73 billion), according to Minister Perry. "Ireland has shown that it has the competence to develop, manufacture, distribute, and service patient-centric solutions from devices to drugs, from managing information and controlling process quality to managing global supply chains,” Minister Perry told association members, according to Business & Leadership.