Sanofi Aventis unit Genzyme has unveiled a €150m expansion of its biotechnology site in Waterford, Ireland.

Around €500m has been invested in the site in past ten years. The latest upgrade has seen manufacturing capacity increased, and improvement made to laboratory facilities and administration offices.

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The inauguration follows a series of high profile investments in the Irish pharmaceutical market, with both Merck and Pfizer recently unveiling new facilities in the nation.

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