Clonmel has received the welcome news today that the old Suir Pharma plant is to open again under new ownership and that up to 200 jobs to be created.
130 jobs were lost last May when Suir Pharma went into liquidation.
IQ Pharmatek - is made up of companies based in Ireland, the UK and the United Arab Emirates. It is expected that production should start in the next month with 100 people being employed initially. A further 100 people should be employed in the next year.
IQ Pharmatek is a contract manufacturing operation for third parties and there is a plan in place to introduce the company’s own range of products.
The current target customers and markets will be: Europe, USA, Canada, Middle east, North Africa and the Far East.
We at the Chamber wish IQ Pharmatek the best of luck in their venture.
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