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Surmodics, Inc. To Invest €9.5m In R&D, €7.0m In Facility Development And Create 100 New Jobs In Ballinasloe, Co. Galway

Posted on about 1 year ago by Laurentina Kennedy The RFT Group 012302400

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June 13th 2016 - Ballinasloe, Co. Galway -  Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor TD today announced the creation of 100 new jobs by Lifesciences technologies company Surmodics. It follows the company’s acquisition of Creagh Medical in Ballinasloe Co. Galway in November 2015.

Surmodics has headquarters in Eden Prairie, Minnesota, USA, and operates in two areas of the Lifesciences industry, Medical Devices and In Vitro Diagnostics. The company plans to develop the Ballinasloe operations, by investing more than €7M in facility development, including the recently acquired building, and creating 100 new jobs above the current base of 32 over the next five years. The company will invest a further €9.5M in two significant research and development (R&D) projects in its new Galway facility.