IDA Ireland has welcomed the decision by Novartis to establish a business services centre in Dublin.

Barry O'Leary, CEO at IDA Ireland said: "We welcome the decision by Novartis, a key strategic IDA client, to establish a Business Services Centre at their Novartis Beech Hill Campus in Dublin."

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Novartis is the world's second largest pharmaceutical company and has significant existing operations in Ireland.

Nine of the top ten global and 25 of the top 50 global pharmaceutical companies have operations in Ireland - predominantly involved in development and manufacturing (D+M).

IDA Ireland has already attracted a number of the world’s leading pharmaceutical companies to establish business services centres in Ireland - these include - Pfizer, Merck, Lilly, Gilead, Aspen, Shire and Allergan.

(CD)