Martin Shanahan: IDA chief executive said he was unable to disclose the costs associated with legal action taken against the organisation by Narooma Ltd. Picture: Maxwells
IDA Ireland is “vigorously defending” itself against ongoing High Court proceedings which allege it induced the HSE to breach a contract with a Dublin-based pharmaceutical services company, its chief executive has said. Narooma Ltd, which supplies services to companies in the pharmaceutical and life-science industries, took legal actions in 2020 against the HSE and IDA Ireland after a planned deal for medical ventilators was halted.
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