Ireland has developed as a key global location for international pharmaceutical companies with thirteen of the top fifteen companies in the sector having operations in the country. Foreign Direct Investment for the Pharmaceutical sector in Ireland is 40 years old with Squibb (now Bristol-Myers Squibb) being the first pharmaceutical company to locate in Ireland in 1964. Today, there are 83 facilities employing more than 17,000 people in Ireland. A recent development has been the expansion of existing manufacturing operations to include key global research and development facilities.
AIB Corporate Banking Ireland has a dedicated pharmaceutical sector team who are educated and experienced in the industry. This knowledge enables the team to provide a tailored world class service to those pharmaceutical clients with a one stop point of contact for AIB Group products and services.