Ireland's VistaMed is investing €7.2 million ($10 million) for R&D and the expansion of its production capacity. Seventy-nine jobs will be created as a result, a near doubling of the company's existing workforce. The investment is being supported by the government through Enterprise Ireland.
VistaMed designs, develops and manufactures complex catheters and complementary medical devices at manufacturing plants in Leitrim and Carrick-on-Shannon. The company employs 93 people in Leitrim and exports to the U.K., Europe, U.S., South America and India.
"VistaMed was founded on being a solution provider for technically challenging Extrusion products and Catheters for a worldwide market," explains Paddy Mulholland, managing director of the company. "VistaMed has continued to develop it capabilities and today we offer a comprehensive design development and manufacturing of innovative catheter solutions. Our recent partnership with Helix Medical has further enhanced our ability to be a true global partner for our services for which we have seen strong demand internationally."
- see the Enterprise Ireland release