While there is still a lot of uncertainty around the terms and timing of

Brexit some companies have already acted.

Companies have come forward and explicitly said they will be making
changes as a direct result of Brexit.

A number of multinational pharma companies have stated their interest to
move to Ireland which is partly to do with the scale of the Irish
Pharmaceutical sector but also to protect against the business implications of
Brexit.

Speaking about his company’s decision to set up in Ireland, Martin
Tedham, Wasdell Group MD, said

“We have always had a strong customer base in Ireland and we are certain
that this trend will continue with the impending Brexit situation as companies
typically from the UK and USA look to secure a base to

service their European markets”.

These potential moves to Ireland will help to strengthen the Irish
economy, and provide further employment opportunities.

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