Central Pharma took a long-term lease on the Advance Technology Building in Tralee. I understand the company subsequently experienced delays in progressing its plans in part due to Covid-19 restrictions preventing work on site from commencing.
I am told Central Pharma’s total investment into the facility to date (including construction, rent and salaries paid) is approximately €1.1m. The company obtained three key licensing approvals from the Health Products Regulatory Authority (HPRA), concluding in September 2021.
I have been informed that Central Pharma is currently recruiting for a production manager and is still planning to commence production activities in Q1 2022. Central Pharma has recruited a Head of Warehousing and a Business Development Specialist and plans to add production employees over the first three months of operations.