Helsinn invests 13M euros in new OSD R&D center in Ireland

2 April 2009

Privately-held Swiss firm Helsinn has established an R&D center dedicated to oral solid dosage forms at its Helsinn Birex  Pharmaceuticals facility, one of four businesses at its site at  Mulhuddart, Dublin, Ireland.

The investment of over 13.0 million euros ($17.5 million), which is  supported by the local government through IDA Ireland, is anticipated to  create 10 high-value research positions.

Helsinn's core business is the in-licensing of late-stage  pharmaceutical compounds in therapeutic niche areas for development  and subsequent commercial manufacture and distribution. The company is  primarily active in oncology supportive care, anti-inflammatory and  gastrointestinal treatments.

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