IDA Ireland, together with Minister for Enterprise, Trade and Employment Simon Coveney welcomed today’s announcement by Eli Lilly to increase investment to nearly $1 billion at its new biologics drug substance manufacturing facility, in Limerick in the Mid West region. The company previously announced a $500 million investment. Construction of the new 500,000 sq. ft. facility is currently underway at IDA’s Business Park in Raheen and is expected to create more than 300 highly skilled jobs across areas including engineering, scientists, and operations. The new facility will utilise the latest biologics manufacturing technology to produce biologic active ingredients for life changing treatments for patients around the world. Once the site is operational, the company’s total investment in the site will be approximately $1 billion.