SSPC, Research Ireland Centre for Pharmaceuticals hosted at University of Limerick, has revealed extraordinary national contributions in its latest impact report. The study highlights over €1.3 billion in economic impact since 2008 and a 26-fold return on core investment, safeguarding the nation's position as a global leader in the (bio)pharmaceutical sector. The Centre has generated €5.27 for the Irish economy for every €1 of public and industry funding received.
Talent Development: SSPC has trained 397 alumni, 56% of whom work currently in industry, while 33% are employed in academia.
Industry Collaboration: SSPC has engaged in 201 collaborative projects with >50 industry partners, driving innovation and enhancing Ireland’s global competitiveness.
Foreign Direct Investment (FDI): SSPC’s world-class research has influenced the decisions of multinational companies to invest or expand their operations in Ireland, creating 2,400 new jobs and bringing €3.7 billion in investment.
Research Funding Success: