A significant medical device research centre at University of Galway is worth €750m to the Irish economy.
That's according to a new report from Mazars, which looked at the CÚRAM SFI Research Centre.
The figure represents an almost a 12-fold increase on the original Government investment of €65m.
Benefits to the medtech sector include collaborative projects with 47 innovative companies and 2,547 jobs supported.
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Director of CÚRAM, Professor Abhay Pandit says their work has helped to expand Ireland’s attractiveness as a global hub for the medtech sector.