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€37.8m investment for global healthcare company's South East facility

€37.8m investment for global healthcare company's South East facility
Global healthcare company Abbott, which this year celebrates 75 years in Ireland has today announced it will invest €37.8 million over the next three years in its cardiovascular Research and Development Centre based at its Vascular devices site in Clonmel, Co. Tipperary.Pictured at the announcement are: (l-r) Dr Diarmuid Meagher, Director of Research and Development, Abbott; Caroline and Martin O’Connor from Dunmore East in Waterford and Deirdre Mullins, site director, Abbott in Clonmel..Martin O’Connor was diagnosed with cardiovascular disease following an angiogram in September 2020 and under the care of Dr Colm Hanratty at the Cardiac Programme at the Mater Private Network, received three Abbott Xience Sierra stents which were developed by the Irish R&D team and are manufactured in Clonmel.

By Cillian Doyle.

Over €37 million investment has been announced for a global healthcare company's centre based in Co. Tipperary.

Over the next three years, healthcare company Abbott, will invest €37.8 million into its cardiovascular R&D centre located in Clonmel.

According to The Irish Times, the company employs over 4,000 people from Ireland.

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The paper also reports that the company will start a new research programme on cardiovascular devices.

Over 90,000 Irish people have heart disease and it is one of the most common causes of hospitalisation in people aged over 65 in Ireland.

Dr Colm Hanratty, Consultant Cardiologist at Mater Private Network Dublin, is a pioneer in the treatment of patients with complex cardiovascular disease and broadcasts operations all over the world, sharing his knowledge and skills with consultants across the globe.

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