JOB ANNOUNCEMENT AT THE OFFICIAL OPENING OF GALWAY MEDICAL DEVICE COMPANY

100 new jobs and additional footprint expansion announced to advance ambitious growth plans

Galway, Ireland, September 20, 2022 /PRNewswire/ — ICS Medical Devices, a leading provider of catheter design and manufacturing services, officially opened its new manufacturing and R&D facility in Galway today. The company also announced plans to create 100 new jobs and add an additional 10,000 square feet to its newly opened facilities to support continued business growth.

Welcoming the announcement, Leo VaradkarTánaiste and Minister for Enterprise, Trade and Employment, said: “This announcement from ICS Medical Devices is a very good boost for Galway and indeed Ireland in general. We have now established ourselves as a leader in the life sciences sector and enjoy a reputation for excellence and innovation. We never take this for granted and will continue to work hard to bring the best investment to all parts of the country. This expansion and the investment plans of ICS Medical Devices are fantastic. I am confident that the team will find the best talent to fill the planned 100 new jobs, and indeed all those that follow. Congratulations to Seamus and the whole team. I wish you all many years of continued success and growth.”

ICS Medical Devices moved into its new facilities in May 2022, doubling its ability to serve a growing international customer base. Throughout 2022, the company has experienced steady growth and now plans to add 100 new employees and invest in expanding its facilities, a move that will allow ICS to meet ever-increasing customer demand. .

“Our goal is to become the premier provider of design, development and contract manufacturing services for innovative medical device start-ups across Europe, Asiathe Middle East and the United States,” said Seamus FaheyCEO and Founder of ICS Medical Devices. “Today’s official opening of our new facility marks an important milestone in realizing this vision. We now plan to accelerate our growth momentum by significantly expanding our team, capabilities and capabilities. We look forward to serving our new and existing customers and to welcome new team members to our world-class facility.”

The new ICS Medical Devices facility was officially opened by Leo ClancyCEO of Enterprise Ireland. Commenting on the announcement, he said: “ICS Medical Devices is an excellent Irish company providing cutting-edge solutions that enable its customers to pioneer catheter technologies. At Enterprise Ireland we are proud to have supported the company’s growth momentum and global ambition since it was established just 3 years ago. Strengthening regional business development is a central objective for Enterprise Ireland, and we warmly welcome the ambitious expansion plans announced today, which will create 100 new high value jobs in Galway.

ICS Medical Devices works with innovative medical device start-ups to develop niche and breakthrough catheter technologies for minimally invasive medicine. The company has built a global reputation as a responsive partner for the design, development and commercialization of the catheters needed to perform a range of breakthrough medical interventions such as structural, neurovascular and endovascular cardiac therapies.

ICS Medical Devices, described as “ireland next medical tech scaling to watch,” has already begun recruiting new team members and plans to add positions in engineering, research and development, and manufacturing to its existing team of more than 70 people.

The newly announced footprint expansion, scheduled for 2023, will add additional manufacturing and cleanroom space to existing operations. As part of this continued expansion, a new Customer Innovation Center will open to provide specialist support for the development of minimally invasive catheters to make surgeries significantly safer and more tolerable.

The company also plans to add new technologies to support its catheter capabilities, enabling customers to pioneer advancements in medicine.

About ICS Medical Devices

ICS Medical Devices works with international medical device companies in the design, development and marketing of catheters, access sheaths, balloon catheters, valve delivery systems and stent delivery systems. ICS Medical is a client of Enterprise Ireland, supported under its High Potential Start Up programme. www.icsmedical.com

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SOURCE ICS Medical Devices