SilverCloud Health raises $8.1 million to accelerate delivery of evidence-based digital mental health and behavioural healthcare solutions

Digital Health company SilverCloud Health, the leading provider of evidence-based online mental health and behavioural healthcare solutions, announced that it has raised $8.1 million in Series A funding. Venture capital firm B Capital Group – founded by Raj Ganguly and Facebook co-founder Eduardo Saverin – led the investment round with significant participation from ACT Venture Capital and returning investors, Investec Ventures and AIB Seed Capital Fund managed by DBIC, NDRC and Enterprise Ireland.

SilverCloud Health is a multi-award winning global health tech company providing online therapeutic solutions to improve behavioural health and mental wellness; since launching in 2012 it has gone on to support over 80,000 patients across it’s global customer base, delivering clinical results that are on par with face-to-face therapy.

SilverCloud Health chief executive and co-founder Ken Cahill said the company is defining a new healthcare model to meet the demand of the rapidly growing behavioural healthcare market, which in the US alone is estimated to be worth $440 billion. “This new investment enables us to drive forward with our commitment to evolve our health platform and address the ever-increasing global need in behavioural healthcare. We believe that technology is the enabler to address the biggest healthcare challenge of this century, maximising clinical delivery while enhancing patient access and choice, through the ability to engage with therapy at a time that fits into diverse lifestyles and through devices that are a part of our everyday lives.”

“We chose B Capital to lead our Series A because of their healthcare knowledge and relationships, and due to their partnership with the Boston Consulting Group, which has opened doors for us to new commercial partners in the US,” he added.

“SilverCloud Health’s mission is to make people healthier by providing effective, accessible and affordable behavioural healthcare opportunities, filling a massive void in the market today. B Capital Group is excited to back Ken and the team at SilverCloud Health, as they continue to change the way behavioural healthcare is delivered,” said Eduardo Saverin, Co-founder and Partner, B Capital Group. “Our investment in SilverCloud Health is driven by our confidence in its team, its proven track record working with global health organisations and its esteemed partner network. This new capital will enable SilverCloud Health to continue to innovate, expand and broadly deploy its programmes to the millions of individuals who need them.”

This funding round comes as SilverCloud Health is growing rapidly with an expanding research pipeline that continues to show the clinical effectiveness of the company’s behavioural health platform. The SilverCloud Health platform is currently used by over 120 healthcare organisations across Europe and North America. Within the UK National Health Service (NHS), the company has seen an exponential growth of clients—from supporting 1 percent of NHS mental health services two years ago to over 45 percent today. More broadly within the UK SilverCloud Health works with other organisations including universities and employers. The new capital will be used to meet growing demand in Europe and North America, build out it’s commercial, development and clinical teams and drive its strong clinical research and publishing agenda.

Speaking at the announcement Minister for Enterprise, Jobs and Innovation Mary Mitchell O’Connor TD said, “Today’s announcement that SilverCloud Health, an Irish company providing outcomes-focused online behavioural health solutions has secured significant investment is very welcome. It is testament to the vision and hard work of everyone in SilverCloud that the company has grown from a small start-up into a highly innovative scaling company and with this investment has the potential and the ambition to continue to successfully scale its operations into a global company. The Government through Enterprise Ireland looks forward to continued engagement with SilverCloud Health to support their business development. I wish Ken and his team every success with their future.”

Ireland continues to rapidly grow as a leading global health tech hub. Kevin Sherry, Executive Director Global Business Development for Enterprise Ireland said “SilverCloud Health is a world-class health tech company with global ambition and we are delighted to see the continued growth and impact SilverCloud Health is having in international healthcare markets. SilverCloud is a good example of how Irish companies are supplying the global healthcare market with leading innovative, effective, scalable products and services.  We look forward to working with the company to achieve further growth and success as it enters new markets.”

With proven results in major health systems globally, this investment will allow expansion into new areas such as integration with personal health and activity monitoring devices to give a more integrated personalised context across physical and behaviuoral healthcare.

Gavin Teo, Partner at B Capital Group said, “SilverCloud Health is redefining access to quality, outcomes-based care for hard-to-treat and high cost behavioural health populations. Their digital health platform is enabling new ways for provider systems and pharma companies to personalise therapeutic delivery to the individual patient, which is a building block for clinically validated, value driven care. B Capital is thrilled to be the lead investor in SilverCloud Health at such an exciting time in their growth.”

‘’We’ve seen SilverClouds impact on patients and clinicians. Patients have seen it transform their daily lives , with a therapy they can control, and clinicians have been able to rapidly integrate it into clinical pathways.’’ Says John O’Sullivan, General Partner at ACT Venture Capital. ‘’ The efficacy data is compelling and is evident across a very large and diverse range of cases. We are delighted to be working with the SilverCloud team to positively impact and change many more lives and transform the economics of healthcare delivery’’

Today SilverCloud Health offers 22 evidence-based programmes addressing conditions such as depression, anxiety and stress as well as for long-term chronic conditions (diabetes, COPD, and cardiovascular disease). SilverCloud Health has spun out from the NDRC in 2012 and has been built on over a decade of academic and clinical research. Clinically led full randomised control trials (RCT) have demonstrated that SilverCloud Health’s programmes are extremely effective, engaging with patients and provide positive clinical outcomes that are on par with face-to-face therapy.

In 2016, SilverCloud Health was highlighted in Accenture’s Digital Health Tech Vision 2016 report. The report listed 5 key innovative companies taking charge of healthcare delivery including Apple, Uber, United Healthcare, Philips and SilverCloud Health. In November 2016, SilverCloud Health was listed in the Top 100 Global Disruptive Companies in Healthcare, a report compiled by The Journal of mHealth which provides insight into the key sector trends that are emerging from across the healthcare continuum when it comes to the adoption of technology-led products and services.

In the UK, clinical and financial benefits of online mental health services are being increasingly recognised, with Prime Minister, Theresa May, announcing £67.7 million funding for its expansion earlier this month.

 

Nostra announces 50 new jobs and unveils new facility

Nostra, an independent, Irish owned and managed ICT company based in Lucan, Co. Dublin has today announced 50 new jobs. The company was established by Laois natives, Kevin and Barry O’Loughlin along with Gary Byrne and Senan Finucane in 2006 and has grown rapidly in the last number of years. The business has grown from just four staff in 2006 to 75 people in 2016 with 50 new positions to be filled over the next three years.

Recruitment for the new positions, with the support of Enterprise Ireland will begin immediately and includes roles for computer engineers and sales personnel who will be required to service recent client wins and support the growth of new international business. The company supports well-known brands including BoyleSports, Dawn Farm Foods and aerospace giant Avolon which now has a requirement for international ICT supported and managed by Nostra.

In addition, as part of its five year plan, the company aims to expand to employ a total of 147 people by 2020. To meet this expansion, Nostra recently extended its headquarters and has just completed a full renovation and state-of-the-art 9,000 sq. ft. facility which was unveiled today by the Minister for Jobs, Enterprise and Innovation, Mary Mitchell, O’Connor T.D.

Minister Mitchell O’Connor said, “SME’s are the backbone of our economy and are creating jobs right across all regions of our country. They are filled with innovative, hardworking entrepreneurs. I am delighted that Nostra, an Enterprise Ireland supported company which started its life with just four people working out of what was essentially a shed in an industrial estate has now grown to be an international player on the world stage. I would like to congratulate Kevin O’Loughlin and his team for their hard work and vision and wish them the very best in their endeavours.”

Kevin O’Loughlin, CEO of Nostra said, “We are really grateful for the support we received from Enterprise Ireland which has allowed us to grow and expand the company. Our international business has really taken off and the support from Enterprise Ireland has been a game changer for us. It has helped Nostra to take on new business and create new jobs. We are very focused on reaching our goals and are currently working on building our business in North America and Europe”.

As part of the current expansion, Enterprise Ireland is supporting the recruitment of export focused positions in the company. Leo McAdams, Divisional Manager ICT & ITS, Enterprise Ireland said, “Enterprise Ireland’s mission is to partner with innovative Irish businesses looking to scale internationally. Nostra is a great example of an Irish internationally traded services company with global ambition, competing and winning sustained business in overseas markets. Enterprise Ireland looks forward to continuing to support Nostra’s growth ambitions as they expand their global footprint, strengthening their customer base internationally and continuing to create jobs here in Ireland.

The new look facility at Nostra’s headquarters in Lucan, Co. Dublin includes new office spaces, a 24-hour helpdesk, a state of the art IT Build Room, boardrooms, meeting rooms, a dedicated field and internal sales team area and a café.

For more information on Nostra visit www.nostra.ie

 

 

Steeltech Sheds Ltd. announces €5 Million Investment and New Jobs for Tuam

Galway based steel shed manufacturing company, Steeltech Sheds Ltd., today announced a major investment of €5million over the next three years and 43 new jobs in the next 12 months. The expansion is due to the major growth of the company domestically in the last year, following the creation of 50 Jobs in 2016 and the decision to further expand and export into the UK Market.

Headquartered in Tuam, Steeltech’s business involves the design, manufacture, delivery and installation of garden sheds, workshops, home offices, garages, garden rooms, garden studios and chalets. All products are made from steel and custom made on request.

The €5million investment over the next three years by the company will see funding in capital, people, IT, innovation, R&D and sales and marketing allowing Steeltech Sheds to scale significantly over the next five to ten years.

Speaking at the announcement in Tuam today, Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor TD, said: “As Minister my priority is to ensure an environment exists that nurtures development and job growth across the country and in particular the regions of Ireland. Today’s investment announcement by Steeltech Sheds, with the support of Enterprise Ireland, creating over 40 jobs here in Tuam is hugely welcome and of great significance to the local economy. Galway is a region with valuable resources, infrastructure and community – all the fundamentals required to scale a successful business. I warmly congratulate all the Steeltech team and wish them every success for the future.”

Sean Brett, Founder & CEO of Steeltech Sheds Ltd., said “This is a very exciting time for Steeltech Sheds. Since relocation to the new Tuam manufacturing plant in 2015, we have increased productivity by 90 percent, created 50 new jobs in 2016, and have expanded our export reach and operations into the UK and Northern Ireland market.

Over the last three months, we have set up sales show rooms in five locations in the UK and all manufacturing from UK sales will take please here in Tuam. Steeltech is thankful for the support Enterprise Ireland has given to date and I look forward to working with them as we expand and grow in the UK and Europe,” he continued.

Barry Egan, Director, West Region, Enterprise Ireland said: “Enterprise Ireland has worked closely with Steeltech over the past year and seen first-hand how the company has gone from strength-to-strength in a relatively short time period. This is a great example of how a rural location like Tuam can become home to a thriving business with the drive, commitment and global ambition to create 50 local jobs within a year with over 40 more to follow. Enterprise Ireland looks forward to continuing to support Steeltech as they enter into new markets and continue to scale creating jobs here in the West of Ireland.”

Tech Mahindra expands footprint in Ireland

Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, today opened a Centre of Excellence (CoE) in Dublin. The Centre, to be operational in the first quarter of calendar year 2017 will be central to Tech Mahindra’s operations in the country and would focus on emerging technologies such as Robotics and Automation, Business Analytics, Cloud Infrastructure and Digital Services. The new centre would employ around 150 engineers over the next three years.

Tech Mahindra, one of the top five Indian IT services companies, has been serving Irish Customers since its inception, across segments such as Telecom, Energy & Utilities, BFSI and Pharmaceutical. Today, over 700 full time employees work for its Irish customers of which over 320 are located in Ireland alone specialising in domains such as IT, networks, consulting and customer care.

“This investment is a testimony of our long-term business commitment in the country and our mission to promote and support local talent leveraging Ireland’s rich skills in science and technology,” said C P Gurnani, CEO & MD of Tech Mahindra at the official launch of the Centre.

The opening of the Centre of Excellence at Dublin will not only enable us to better serve customers in Ireland and beyond, it also builds on the strong partnerships we have already established in the region by working with local organizations, academic institutions and the government.”

As a part of a new investment in Ireland, the Dublin CoE will bolster Tech Mahindra’s regional footprint in the country and help the company deliver technology services to clients in Ireland as well as Europe.

Welcoming the investment by Tech Mahindra, Mary Mitchell O’Connor TD, Minister for Jobs, Enterprise and Innovation in the Government of Ireland, said: “I am delighted to be here today for the launch of the company’s new Centre of Excellence in Citywest. We already have a strong footprint of ICT companies in the Greater Dublin area and we are very keen to expand that by attracting a wider range of specialist IT companies. Tech Mahindra’s decision to locate its European Centre of Excellence in Ireland, to develop new technologies here and to create 150 high quality jobs, is very good news indeed.”

“We have the IT skills available to enable the company to grow and to embed their operations in Ireland, and their arrival is a great vote of confidence in what we have to offer,” the Minister added.

Said Martin Shanahan, CEO of IDA Ireland: “IDA strongly welcomes this investment by Tech Mahindra as it demonstrates the company’s continued confidence in its Irish operations. The Centre of Excellence will become a key development location within Tech Mahindra’s global network. The investment follows a growing trend from Indian IT Services companies to invest in higher value-adding activities in Ireland. IDA will continue in its efforts to win more business from Indian firms in the coming months.” IDA Ireland is an agency which is responsible for promoting foreign direct investment into Ireland.

Tech Mahindra already has a good presence in Ireland. In 2015, the company opened a 300-seater delivery centre in Waterford which currently employs around 220 people that primarily serve two major Irish telecom providers. The new CoE in Dublin will work closely with Tech Mahindra’s existing as well as new clients, partners, Irish Academic institutions and the start-up community to foster technology innovation.

One of Tech Mahindra’s biggest clients, eir, Ireland’s largest telecommunications company, will be serviced by the new Centre of Excellence. Richard Moat, CEO of eir said, “The Centre of Excellence underlines the growing relationship we have with Tech Mahindra. Our goal is to seamlessly provide new and innovative products and services to our customers and Tech Mahindra assists us in the very competitive Irish telecommunications market.”

Unemployment continues to decrease, now at lowest level since August 2008

New figures from the Central Statistics Office show that the seasonally adjusted unemployment rate fell  to 7.2% in December from 7.3% in November – the lowest level since August 2008.
The jobless rate has now fallen for seven months in a row and is down from a post-crisis high of 15.2% at the beginning of 2012.

It compares with a current euro zone average of 9.8%.

However it is still too high and I will be working hard with enterprise agencies: IDA, EI and Local Enterprise Offices, employers, unions, ISME, IBEC, Small Firms’ Association , Irish Exporters’ Association, other Government Departments and all stakeholders to further improve employment chances for people who want to and need to work.

IDA figures published yesterday shows that nearly 200,000 people  working in Ireland now directly employed in Foreign Direct Investment Companies.

52% of all jobs announced were outside Dublin. I will be continuing to push the regional agenda so that there is a good spread of jobs right across the country. The pipeline for further jobs to be created by FDI is good.

Enterprise Ireland will be publishing their annual employment figures on Monday next.

 

 

 

Public Consultation on Sandymount / Merrion to Blackrock Corridor Study timeline extended

The National Transport Authority has recently extended the deadline for people to have their say on the proposed Sandymount/Merrion to Blackrock (and later potentially extended to Sandycove) travel corridor has been extended until 31 January 2017 at 5pm.

Full information on the proposals can be found on the link below:

Consultation on Sandymount / Merrion to Blackrock Corridor Study

This will impact everyone, drivers, cyclists, pedestrians, public transport users, residents, businesses etc. so I would encourage you to read the proposal and make a submission if you would like to. Public consultation gives everyone a chance to have their voice heard.

Minister publishes Hallmarking (Amendment) Bill 2016 and advises consumers to only purchase precious metals that are properly hallmarked

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Consumers encouraged to check Hallmark on precious metals

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor T.D., today (14th December 2016) published the Hallmarking (Amendment) Bill 2016.

This Bill will update the Hallmarking Act 1981 by adding palladium and mixed precious metals to the list of precious metals that can be hallmarked by the Irish Assay Office, as well as providing for the possibility of off-shore marking by the Irish Assay Office in the future (if it so wishes) and increasing the penalties for offences under the Act.

Commenting on the publication, the Minister stated “Hallmarking of precious metals is the oldest consumer protection legislation in Ireland and dates back almost 400 years. It guarantees the consumers that the object they intend buying is, in fact, the precious metal it claims to be.”

Continuing, the Minister stated that “Expenditure on precious metals by consumers, especially in the run up to Christmas, is often one of the more significant outlays that they undertake during their lives. It is important that they are not misled into buying objects that are not what they claim to be. Consumers should demand to see the hallmark on any precious metal object they wish to buy and report any businesses that do not provide the information required under law.”

Minister Mitchell O’Connor Opens New SIRO Headquarters & Welcomes 60 New Jobs

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD (@mitchelloconnor) officially opened SIRO’s new offices in Carrickmines, Co. Dublin today and welcomed the creation of 60 new jobs by the company over the past 12 months. SIRO (@SIROIreland) will now employ 120 people as it ramps up the construction of Ireland’s first 100% fibre-optic broadband network to 500,000 premises in 50 towns nationwide. The company also announced that it will invest €150 million in its network rollout in 2017, which will support 400 subcontractors working on the project around Ireland.

With over 40,000 premises passed to date in 17 regional towns, SIRO is Ireland’s largest Fibre-to-the-Building (FTTB) operator. FTTB is the gold standard for broadband connectivity internationally and SIRO will pass 55,000 premises by the end of the year. The wholesale broadband operator’s rollout will expand to over 30 towns during the course of 2017, as demand for services powered by SIRO grows.

Commenting at the office opening, Minister Mitchell O’Connor said: “Broadband connectivity is of vital importance to the Irish economy in terms of job creation and enabling Irish companies to compete online. I have seen the potential of the Gigabit society already when I opened the Ludgate Hub in Skibbereen, which is powered by SIRO, this summer. It is an exemplar project which is already sowing the seeds for a vibrant digital economy in West Cork and transforming the broadband experience in the town. I am aware that other towns are hoping to replicate its success as part of SIRO’s rollout, which is a real boost for regional Ireland.”

Sean Atkinson, SIRO CEO, added: “We are delighted to move into our new home after doubling our headcount to 120 and outgrowing our old premises. It is our ambition to become Ireland’s new national telecoms infrastructure and I am excited by the calibre and enthusiasm of colleagues who have joined us to help build our unique 100% optical Fibre-to-the-Building network – the only solution capable of future-proofing Ireland’s broadband needs now and for the decades ahead.”

SIRO has formed partnerships with BT, Carnsore Broadband, Digiweb, Vodafone and WestNet with more retailers expected to come on board in 2017 as the company drives competition in the wholesale broadband market. The network interconnect agreement between SIRO and BT is of particular importance as it lays the foundation for SIRO to enable multiple retail partners, such as rural fixed and wireless broadband providers, to access its 100% fibre-optic broadband network.

Using the existing ESB network, SIRO is delivered by fibre optic cables all the way to the building. This technology, known as Fibre-to-the-Building (FTTB), has no copper connections at any point to slow down the network and delivers 1 Gigabit download and upload speeds.

MDO Management Company to establish a branch in Dublin

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD today announced that MDO Management Company S.A., a privately held company based in Luxembourg, is to establish a branch in Dublin. MDO Management Company Ireland plans to create 30 roles in risk management, compliance, business development and administration over the next few years.

The company is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

MDO Management Company currently acts as a management company for over 50 funds (UCITS and AIFs) with assets under management exceeding EUR 22 billion. Incorporated in 2003, MDO delivers quality solutions for management company services, directorships, oversight, risk management and compliance monitoring and is one of the largest independent management companies and substance providers in Luxembourg.

Welcoming the announcement Minister Mary Mitchell O Connor said “the company’s decision to invest in Ireland and locate in Dublin and creating 30 high quality roles represents a further enhancement of Ireland’s thriving Financial Services Sector. I look forward to the success of MDO’s operations here and I am confident that they will get the specialist skills required and that Dublin will represent an exciting new base for the company”

Martin Vogel, CEO of MDO Management Company said, “We are delighted to announce that we are opening a branch of our award winning Management Company in Ireland, to provide a comprehensive range of services to existing and new clients.”

Commenting on the announcement Martin Shanahan, CEO, IDA Ireland said “Over the last 20 years, Ireland has earned a reputation as a leading jurisdiction for regulated investment funds. MDO Management Company is a welcome addition to the growing cluster within IDA’s Financial Services portfolio of companies active in managing and servicing alternative funds.”

MDO Management Company, Ireland will be headed up by Richard Dinn, formerly Investor Services Sales Head for Northern and Eastern Europe at Citi. Richard, who has spent the majority of his career at Citi in London and Dublin with EMEA wide remits, brings over 20 years of experience to MDO Management Company, Ireland.

Martin Vogel added, “We are very pleased to have Richard heading up our operation in Ireland. Richard has great enthusiasm and a proven track record, successfully managing and delivering solutions to clients globally. We are looking forward to a bright future for our operations in Ireland and Luxembourg.”

100 New Jobs for Limerick as B&D announces plans for new R&D Centre of Excellence

BD (Becton, Dickinson and Company), a leading global medical technology company, today announced its plans to open a new research and development (R&D) Centre of Excellence in Limerick and bring 100 new jobs to the city.

Attending the announcement in Limerick, Minister Mary Mitchell O’Connor said: “The Life Sciences sector makes a huge contribution to the Irish economy in terms of jobs and exports, and is one of our fastest growing sectors. BD’s decision to open this new Research and Development Centre of Excellence is a great vote of confidence in Ireland and brings an additional 100 high quality jobs to Limerick. Every job created has a positive impact on a family and wider community. This new project builds on our existing cluster of Life Sciences companies in this region and is very welcome. The Mid West has a very skilled talent pool and this amongst other benefits is attracting some of the big players to the region. I wish BD’s team every success for the future.

Minister for Finance Michael Noonan, who also attended the announcement, said: “Today’s announcement by BD of 100 jobs makes me very proud of Limerick. The company will now begin the process of giving 100 highly skilled workers the opportunity to improve their own lives through employment and also contribute in a meaningful way to the growth of this world class company. This is the latest in a series of quality jobs announcements in Limerick and is a further endorsement of the people of Limerick, the city itself and the top class educational institutions. I welcome BD to Limerick and wish the company and their people every success as they build and grow their operation here.”

Welcoming the new project, Minister of State Pat Breen TD said “We are very keen to pursue opportunities for Investment and Job Creation in the medical technologies sector. Here in the Mid West we have an exciting cluster of such companies and BD is blazing a trail with this new expansion project. Today’s announcement represents further instalment in a sequence of a terrific run of job creation announcements in this region over recent months. These projects reflect the ongoing success of the Government’s Regional Action Plan for Jobs for the Mid West, which is delivering strongly for this area”.

Martin Shanahan, CEO of IDA Ireland said: “I’m delighted to see BD expand its operations in Limerick, establishing its first Centre of Excellence in Ireland at the National Technology Park. It’s a strong endorsement of Limerick and the Mid West region as an excellent location for global Med Tech companies. The 100 new jobs being created will be a significant boost for the city and region. I wish BD every success with this new project.”
BD has invested significantly in Irish Jobs and the Irish economy since 1964 with two sites in Drogheda and Dun Laoghaire, employing more than 500 people in highly skilled positions. With the recent acquisition of GenCell Biosystems Limited in Limerick, the number of BD employees in Ireland has risen to nearly 600.

The €21 million investment in the new Centre of Excellence includes an extensive renovation of the former UniGolf facility in the National Technology Park. Once completed, it is planned to house more than 200 high-tech positions, which includes more than 100 BD jobs that already exist in Limerick and the 100 new positions.

The project is supported by the Department of Jobs, Enterprise & Innovation through Industrial Development Agency (IDA) Ireland.

The BD Limerick Centre of Excellence will initially be focused on product and software development, clinical research instrumentation and prototype development, primarily for the company’s Life Sciences businesses.

Ellen Strahlman, MD, MHSc, Executive Vice President R&D and Chief Medical Officer for BD said: “Ireland is an important part of our growth plans, and the Limerick Centre of Excellence is foundational in our objective to build an agile, world-class global organization to deliver an R&D portfolio that drives growth. This will require significant hiring of R&D associates, collaboration with local universities and the development of new technical capabilities.

“Areas served by activities and products arising from our new R&D Centre of Excellence will include the fields of microbiology and molecular biology, clinical and cellular research analysis, and industrial microbiology.

“Customers will include hospitals, laboratories and clinics, reference laboratories, industrial laboratories, physicians’ office practices, alternate site health care, academic and government institutions, and research facilities. Limerick will be very important for our strategic growth.”