At the Global Irish Economic Forum in Dublin Castle on Saturday, Minister for Jobs Mr Richard Bruton announced a joint investment of €10 million by the Department of Jobs, Enterprise and Innovation through Science Foundation Ireland (SFI) in a partnership with leading international biopharmaceutical company AbbVie to undertake two new therapeutic research collaborations in Ireland.
The collaborations, which will each investigate disease markers and potential targets against which new drugs could be developed for serious illnesses such as Crohn’s disease, rheumatoid arthritis, psoriasis and multiple sclerosis, are between AbbVie and researchers at the SFI APC Microbiome Institute in University College Cork (UCC) and at the Trinity Biomedical Sciences Institute in Trinity College Dublin.
Announcing the investment, Minister for Jobs, Enterprise and Innovation Mr Richard Bruton, T.D, commented :
“At the heart of our jobs plan is supporting more investment by both industry and the public sector in scientific research. Today’s announcement that my Department, through SFI, and AbbVie, a world-leading company in this area, are collaborating to invest €10 million in ground-breaking research is a great example of what we are trying to achieve." Then he added :
"This clearly demonstrates the importance and value of Government supporting high quality researchers in our academic institutes which enables them to partner with multinational companies to undertake research in Ireland. I wish Jim and his team every success and look forward to working with them in the future.”
