The firm is to construct a new manufacturing facility beside its recently acquired biologics plant in Dunboyne.A further 100 jobs are to be added at the existing manufacturing plant over the coming year.
"By co-locating the new facility alongside our existing operations in Dunboyne, we can accelerate the commercialisation process, reduce lead times significantly and build the ideal environment for developing new technologies and talent."MSD announced in August that it was purchasing the under development biologics plant in Dunboyne from Takeda.
Mr Varadkar said: "These 240 new jobs are a really welcome boost for Meath I wish MSD the very best with the project," he said. IDA boss Martin Shanahan said the move shows a real commitment to, and confidence in Co Meath and the wider Mid-East Region, and in Ireland.
Fantastic to see Co Meath the location for so many new jobs
Great news... the Meath economic strategy pays dividends again....
There's no money to be made from healthy people!
Great news for Ireland! Hopefully we can distribute all this prosperity equally between the have and the have nots.
Time for Meath and Westmeath to join forces and end this farce