Northern Ireland based pharmaceutical group Almac is to create 348 jobs in Co Armagh, as part of a £54 million investment over five years.
The Almac Group operates in the pharmaceutical and biotechnology sectors, providing services such as diagnostics, drug discovery, research and development, manufacture of active pharmaceutical ingredients, formulation development and clinical trials. The company will recruit 141 new staff in pharma services, and 181 in clinical services. A further 26 new jobs will be created within the group.
NI enterprise minister Arlene Foster said investment will enable Almac to expand the range of services it can offer, allowing it to respond to key trends within the pharmaceutical industry and enhance its market-leading position.
“These 348 new jobs will generate salaries of over £9.4 million per annum when the projects are fully implemented. This is a significant cash injection for the local economy,” she added.
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