The firm is also to increase its workforce to over 500 staff by 2021 with the investment by its parent company, Eurofins Scientific. Over 175 new jobs have been created in the past 24 months.
The launch of the major building expansion programme combines the expansion of the existing 2,700m2 laboratory with an additional 4,400m2 extension, as well as the development of a 1,800m2 second site on the campus located in the IDA Business Park, Dungarvan.
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The project is in the planning submission phase and building works are planned to commence in Q4 2016.
Carmel Fitzpatrick, Managing Director, Eurofins Lancaster Laboratories in Ireland, said: "We currently serve 18 of the top 20 global pharmaceutical companies and our success is attributable mostly to the excellent commitment and technical capability of our people. Our broad base of clients means we work on a diverse range of products and development projects which offers an excellent scope for continuous learning and development of technical depth that is unparalleled. We invest heavily in our internal training programmes, and we are grateful to be supported by the IDA and the Skillnets to deliver technical competency in our team that is world class."
(CD/LM)
