Science Foundation Ireland’s researchers collaborate with over 370 multinational companies and 437 small/medium enterprises and in 2015 increased investment in research and development from private enterprise by 44%.
Ireland also has one of the most collaborative research systems in the world. Driven by Science Foundation Ireland, there is a clear commitment to support outstanding research talent and a particular focus on the life science and ICT sectors. Innovation for future healthcare will increasingly centre on the convergence between medical device, pharmaceutical and information and communication technologies, and all three drivers come together in Dublin.
Located in Dublin, the Health Products Regulatory Authority (HPRA) has an international reputation in regulatory excellence, and an exceptionally strong, established working relationship with the European Medicines Agency (EMA) and international counterparts. The agency has a demonstrated ability to evolve and adapt, now governing a unique and extensive range of health products. It is an integral part of the European network, with experts participating in and chairing or co-chairing a number of EMA committees and working groups. As a result the HPRA already provides significant support to the EMA and this can be rapidly scaled up in the event of relocation. The importance of co-operation and harmonisation is central to the HPRA's regulatory approach, as demonstrated by its commitment and involvement at the Heads of Medicines Agencies (HMA), the International Medical Device Regulators Forum (IMDRF) and the International Coalition of Medicines Regulatory Authorities (ICMRA).
The last decade has seen consistent and considerable public and private investment in Science, Technology and Innovation in Ireland. The result has been the establishment of a strong base of research expertise, with research excellence in a number of key strategic areas. Ireland's strategy for research and development, science and technology, Innovation 2020, aims to build on the significant successes delivered by the Government’s science strategy over the past decade, which has seen Ireland dramatically improve its performance globally in this area.