Boston Scientific facility. Image: Boston Scientific

The organisation has stated that the investment will strengthen Galway’s position as a global centre for cardiovascular innovation.

Medical manufacturing company Boston Scientific has announced an investment of €75m which will be put towards the expansion of its R&D capabilities in Galway, as well as the opening of new, purpose-built laboratories.

The new facilities will enable Boston Scientific to design, develop and test next-generation medical technologies across a range of cardiovascular therapies, in areas such as heart failure and renal denervation, which is the removal or disruption of nerve supply to the kidneys to help lower blood pressure. The organisation has stated that this expansion will be underpinned by a strong regional talent base and STEM ecosystem.

The Minister for Education and Youth Hildegarde Naughton, TD said: “The decision by Boston Scientific to invest again in Galway shows real confidence in the talent and infrastructure available here. The importance of R&D and innovation to Ireland’s economy cannot be overstated.