Medtronic is creating 200 new Research & Development jobs at its Parkmore facility in Galway City.
The €30 million investment comes on the 40th anniversary of the Parkmore campus of the Medtech multinational.
Just over half of the new jobs, which include roles in new product development, and the creation of a global laboratory services team, have already been filled.
Speaking at today’s event the Tánaiste Leo Varadkar said, “Medtronic came to Ireland in 1982 with plans to manufacture a small number of cardiovascular devices.”
“Forty years later, the company now employs more than 4,000 people across five sites in Galway, Athlone and Dublin, and with a further 200 new jobs announced today for Galway.”
“Medtronic Ireland has been a leading light in Ireland’s vibrant medtech sector and this latest growth underlines the company’s dedication to our country.”
Gerard Kilcommins, VP and Country Director for Medtronic said, “Our sites in Ireland have played a significant role in Medtronic’s evolution from medical device manufacturer to a global leader in healthcare technology.”
The new jobs in Galway will support the development of products for coronary artery, heart valve and peripheral vascular disease, heart arrhythmia and pacing, hypertension and spinal injury.
The Global Laboratory Services team will see people hired in the fields of Chemical Analysis and Biocompatibility.
“Today we highlighted several impressive figures about our business in Ireland- our 4,000 strong workforce, an additional 200 R&D and Laboratory Services jobs and the 70 health conditions treated with our products and therapies.”
“However, to Medtronic employees, the most important statistic is that what we do helps to transform the lives of two people every second around the world,” Gerard Kilcommins said.
IDA Head of Life Sciences Michael Lohan added, “Today’s celebrations are an opportunity to look back and acknowledge the substantial impact that Medtronic has made through its presence in Galway, Athlone and Dublin.”
He said that it is also about looking forward to the “vote of confidence” the company has given to the west of Ireland through its ongoing investment.
“Medtronic’s role in nurturing and developing talent in science and engineering over four decades is something IDA Ireland deeply values and we are proud to support the growth in the company’s Irish R&D activity.”