The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Scotland; Eastern Scotland; Perth and Kinross and Stirling
Location of affected unit(s)
Stirling
Sector
Health / Social Work Human Health Services And Activities Human Health Activities 86 - Human health activities
500 jobs Number of planned job creations
Announcement Date
28 February 2005
Employment effect (start)
Foreseen end date
Description
A US-based life sciences company is to spend £60 million creating 500 jobs in Stirling. Inverness Medical Innovations (IMI) specialises in diagnostic health products, including pregnancy tests and blood clot monitors. The jobs include research and development posts as well as opportunities in manufacturing. The multi-million pound investment programme sees Inverness Medical establishing Stirling Medical Innovations, with backing from Scottish Executive funded enterprise body ITI Life Sciences.
Sources
28 February 2005: BBC News
Citation
Eurofound (2005), Stirling Medical Innovations, Business expansion in United Kingdom, factsheet number 61205, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61205.
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