The US-based company Amneal Pharmaceuticals has purchased a 200,000 sq ft facility in Cashel, Co Tipperary.
Minister for Jobs, Enterprise and Innovation Richard Bruton TD made the announcement today Friday 31 July.
The former Johnson & Johnson plant was sold by owner Solidus Private Equity.
The site will be dedicated to R&D and production of metered dose and dry power inhalers (MDI's and DPI's) as well as biosmilars, all high-end speciality medications, with each product occupying approximately 50% of the building.
(LM)
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