PharmaChemical Ireland

• In 2011 the Irish pharmaceutical and chemical sector exported products to the value of €56.1 bn, up 5.4% from €53.2 bn in 2010.
• Ireland’s pharmaceutical exports are the 7^th largest in the world.
• Ireland is the largest net exporter of Pharmaceuticals in the World.

• 45% of people between the age of 25 and 34 in Ireland have a 3^rd level qualification placing Ireland 8^th in the World for university education attainment., 1^ST out of 10 European countries in a 2010 IMD ranking.
• 25,300 people are employed in the Irish pharma and chemical sector.
• 46% of which are third-level graduates.

• 25% of all PhD researchers in Irish industry are employed in the sector.

· Ireland ranks 1^st for FDI and Knowledge transfer.

· Easiest country in Europe in which to pay business taxes.

· A corporate tax rate of 12.5% applies to all corporate trading profits.

· Strategic location with easy access to the EU.