Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

MSD Rathdrum plans to cease operations by 2015

Comments

  • #2
    [Deleted User]
    Posts: 16,720 ✭✭✭✭ [Deleted User]


    Yeah big loss of jobs. Going to be a lot of people looking for work over the next two years.


  • #3
    Patrick Duffy
    Registered Users, Registered Users 2 Posts: 3 ✭Patrick Duffy


    What exactly do they do there? Are there particular skills or advanced equipment - capsules, tabletting? Surely the present owners won't want a taken-over Rathdrum to compete with them, and the plant and equipment are not likely anyway to be suitable for the activities of the company taking it over? So what exactly would the benefit be for such a new company to take it over?


  • #4
    eoinf
    Registered Users, Registered Users 2 Posts: 1,285 ✭✭✭eoinf


    Patrick Duffy wrote: »
    What exactly do they do there? Are there particular skills or advanced equipment - capsules, tabletting? Surely the present owners won't want a taken-over Rathdrum to compete with them, and the plant and equipment are not likely anyway to be suitable for the activities of the company taking it over? So what exactly would the benefit be for such a new company to take it over?

    MSD could sell it to another company (or even just give it away) just to get the cost of running the plant off their books and ask them to produce the same products under licence for MSD for a period of time until they get up and running with a new product.


  • #5
    2011
    Moderators, Home & Garden Moderators, Technology & Internet Moderators, Regional East Moderators Posts: 12,641 Mod ✭✭✭✭2011


    Patrick Duffy wrote: »
    What exactly do they do there?
    It is an API manufacturing facility.

    "Today, the site supports net sales of close to €1.5 Billion, supplying over 10 API's, primarily in fields of Respiratory Care, Infectious Disease and Cardiovascular medicine. API's manufactured in Rathdrum are exported to 20 countries around the world for formulation to the final dosage form."

    capsules, tabletting?
    No.
    Surely the present owners won't want a taken-over Rathdrum to compete with them
    I have been working there for a number of years.
    Believe me they intend to sell it.


  • #6
    dvcireland
    Registered Users, Registered Users 2 Posts: 14,356 ✭✭✭✭dvcireland


    Pfizer sold their Loughbeg API (Active Pharmaceutical Ingredient) plant to a Portugese company, who reduced the headcount significantly

    http://www.finfacts.com/irishfinancenews/article_1015510.shtml

    “I never realised that to become a jockey you needed to be a horse first.” Arrigo Sacchi, football coach.



  • Advertisement
  • #7
    2011
    Moderators, Home & Garden Moderators, Technology & Internet Moderators, Regional East Moderators Posts: 12,641 Mod ✭✭✭✭2011


    dvcireland wrote: »
    Pfizer sold their Loughbeg API (Active Pharmaceutical Ingredient) plant to a Portugese company, who reduced the headcount significantly

    http://www.finfacts.com/irishfinancenews/article_1015510.shtml

    Yes. Schering Plough had a staff of about 400 as far as I remember when they owned the same facility. Then MSD took over and the head count was reduced.

    Only time will tell what the requirements of the new owners will be.


  • #8
    Turbulent Bill
    Registered Users, Registered Users 2 Posts: 1,638 ✭✭✭Turbulent Bill


    2011 wrote: »
    I have been working there for a number of years.
    Believe me they intend to sell it.

    Sorry that you'll be losing your job. What's the general market like for your field, or is the intention to sell the factory as a going concern?


  • #9
    2011
    Moderators, Home & Garden Moderators, Technology & Internet Moderators, Regional East Moderators Posts: 12,641 Mod ✭✭✭✭2011


    Turbulent Bill wrote: »
    Sorry that you'll be losing your job.

    I am a contractor working for an engineering consultancy (who seem to have other work on).

    What's the general market like for your field, or is the intention to sell the factory as a going concern?

    They intend to sell the facility as a going concern.


Advertisement