Big Board Alerts

September 15, 2023
Astellas to Invest more than €330 Million in a New State-of-the-Art Facility in Tralee, Co. Kerry. Ireland

Astellas Pharma Inc. announced its intention to submit a planning application to build a new state-of-the-art facility, at an approximate cost of €330 million in Tralee, Co. Kerry.

This investment by Astellas in Ireland will expand our capacity and capabilities for aseptic drug products, reinforce stable production for global supply and accelerate the development and commercialization of innovative antibody drugs and other new products.

The facility will be based on the Industrial Development Authority’s (IDA)* greenfield site in Kerry Technology Park, Tralee, bringing highly specialized engineering, science and technology roles to the region and helping to further the Astellas VISION to “be on the forefront of healthcare change to turn innovative science into VALUE for patients.”

Hideki Shima, Chief Manufacturing Officer at Astellas
“Astellas is developing innovative drugs and technologies based on our Focus Area research and development approach, placing patients at the forefront of everything we do. With the new facility, Astellas will aim to strengthen our in-house production capacity and capabilities and ensure a stable supply of high-quality Astellas medicines to patients around the world.”

Michael Lohan, CEO at IDA*
“This announcement from Astellas is excellent news for the South West region and indeed Ireland. Astellas already has a presence in both Kerry and Dublin and this significant investment of approximately €330 million, adding a new state-of-the-art aseptic drug product facility, underscores the strategic importance Ireland plays in Astellas’ global operations. The new facility in Tralee will be built with sustainability at its core and will showcase Ireland and our regional attractiveness as a location for investment.”

The new facility in Tralee will be built in line with Astellas’ ambitious sustainability targets and values incorporating the highest national and international best practice in energy and environmental design. The project aims to cut water use by about half, reduce operational energy intensity by more than one-third and produce zero waste to landfill (compared with LEED® baseline). These measures along with onsite renewable technology including solar PV panels and biomass boiler underpin Astellas’ efforts in the mitigation of climate change.

Astellas has already reflected the impact from this matter in its financial forecast of the current fiscal year ending March 31, 2024.

Outline of the new state-of-the-art facility in Tralee

Location: Kerry Technology Park, Tralee, Co. Kerry, Ireland
Site area approximately 44.7 acres.
Outline of manufacturing lines: 3-story building, total floor area of 17,000 square metres. Building footprint approximately 7,300 square metres
Subject to planning permission, construction will commence in 2024, with the site expected to be operational by 2028.

*Industrial Development Authority’s (IDA):
IDA Ireland is the official agency responsible for the attraction and retention of inward foreign direct investment into Ireland.

The post Astellas to Invest more than €330 Million in a New State-of-the-Art Facility in Tralee, Co. Kerry. Ireland appeared first on Pharma Journalist.


Latest Articles


By submitting this form on our website, you agree that we may collect and use your personal information for marketing, and for other purposes as set forth in our privacy policy, which we encourage you to review.