Restructuring events
European Restructuring Monitor (ERM)
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.
Life sciences company Genomics Medicine Ireland (GMI) is to create 600 jobs in Dublin over the next five years. The jobs are in research, informatics, data science, software and medicine.
GMI, founded in 2015, is working on a major scientific platform to examine the human genome in order to understand the role of genetics in disease and rare conditions, leading to new prevention strategies and treatments.
Just under €200 million is being committed to GMI in the short term, but this can grow to €350 million in the medium term, if targets are met. A number of investors, including the state-backed Irish Strategic Investment Fund, will be funding GMI's work.
Eurofound (2018), Genomics Medicine Ireland , Business expansion in Ireland, factsheet number 95953, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95953.