A MAJOR expansion planned for the Technopath campus in Ballina is to create an additional 50 new jobs.
The plans include a capital investment of €6 million, and it is expected that the new positions will come on stream over the next five years.
The expansion is driven by continued strong growth in Technopath’s global business.
Founder and chief executive Malcolm Bell said: “Our business is growing rapidly with our products now sold in over 130 countries. We are pleased with the continuing development of our business, which will drive growth and expansion over the next five years and beyond.”
Labour TD Alan Kelly commented: “I’ve worked closely with Technopath over the years and was particularly delighted to support its expansion when in government. It’s an incredibly exciting business, delivering cutting edge solutions and you can’t but admire what’s being achieved here by Malcolm and his team. It’s an indigenous company operating at the highest levels internationally and grabbing a growing share of the global market.
“Technopath has made a huge contribution to this area. These are not just good jobs; they are sustainable jobs. It’s making a huge contribution to Ballina and the wider economy and long may it continue.”
Technopath Clinical Diagnostics is a leader in laboratory quality controls and QC data management solutions.
One of its major innovations was the launch in 2008 of a new product that enabled hospital laboratories to significantly improve the quality, efficiency and cost effectiveness of testing procedures by consolidating multiple tests into one product.
by Kathy Masterson