Medtech Company Ideally Placed To Benefit From Midlands University

The Medtech company will create up to 1,000 new jobs.

Up to 1,000 new jobs are being created in Athenry.

Dexcom is building its global manufacturing facility there with high-skilled roles coming on stream over the next 5 years.

It will provide about 500 construction jobs while it's being built and up to 1,000 high tech graduate and technician positions.

Subject to planning permission, the Ireland site will be Dexcom’s first manufacturing site in Europe, expanding upon the company’s existing capabilities in the U.S. and Malaysia. The new facility will have the capacity to produce millions of Dexcom CGM sensors each year, helping to improve the lives of people with diabetes around the world. Subject to planning approval, the new facility will be located on the IDA Ireland strategic landbank in Athenry.

The facility in Athenry will contain a highly automated and efficient manufacturing operation with an emphasis on green technologies. Dexcom expects to provide about 500 construction jobs while the facility is being built and up to 1,000 high tech graduate and technician level positions once the site is running at full capacity.

Minister for Enterprise Trade & Employment Simon Coveney TD said: “I am delighted that Dexcom has chosen to make this major new investment in Ireland. It’s a huge vote of confidence in Ireland’s significant and growing talent pool and the world-class MedTech cluster that has developed in the West of the country. The very substantial employment opportunities that accompany the arrival of Dexcom in Athenry will be a considerable boost to the West MidWest and Midlands regions.”

Taoiseach Leo Varadkar said: "Congratulations to all at Dexcom on this move, which is great news for local employment and the local economy in Galway and the wider region, both during the initial construction phase, and even more so thereafter with the creation of up to 1,000 high tech graduate and technician positions expected in the coming years. I was pleased to meet with Dexcom this time last year when I visited their headquarters in San Diego. This will be one of the biggest single private sector investments ever in the West of Ireland.  In addition to the thousand jobs being created by the company, it will bring many spin-off opportunities, jobs and contracts for other businesses in the region.  The announcement that Athenry is to become Dexcom’s first manufacturing site in Europe is very much in line with the Government’s policy of balanced regional development.  It has been enabled by major government investment in infrastructure in the area and a lot of hard work on the part of IDA Ireland.”

“With the continued success of our Dexcom G7 in Europe, we are pursuing an ambitious growth strategy that requires increased manufacturing capacity to support our rapidly expanding European user base,” said Barry Regan, Executive Vice President of Global Operations at Dexcom. “Ireland has an exceptional talent pool and an established MedTech sector, making Athenry the perfect location for us to establish a new, state-of-the-art manufacturing facility.”

“This is an important strategic investment by Dexcom in Athenry, Co Galway, a regional location that will greatly benefit from the widespread economic and employment boost that an announcement such as this has the potential to deliver," said Michael Lohan, CEO of IDA Ireland. “Ireland’s track record in attracting MedTech investments from major innovators, speaks for itself.  This latest investment only enhances that further. I wish Dexcom every success with this investment and assure them of IDA Ireland’s continued support.”

In October 2022, Ireland was one of the initial launch markets globally for Dexcom G7, the company’s next-generation CGM system that offers a powerful yet simple way to help people gain greater control of their diabetes. The system’s low-profile, all-in-one wearable sends real-time glucose readings automatically to a compatible smart device* or receiver, no painful finger sticks† or burdensome scanning required. Dexcom G7 builds on the trusted performance of Dexcom CGM, which is clinically proven to lower A1C and reduce hyper- and hypoglycemia. 

Executive Vice President of Global Operations at Dexcom, Barry Regan has been speaking to Midlands 103's David Hollywood and says it's a great location for the company and is ideally placed to benefit from the Technical University of the Shannon among others in the region.

Congratulations @Dexcom-great news for employment & the local economy in Galway & wider region, during the construction phase, & even more so thereafter with up to 1,000 high tech graduate & technician jobs & many spin-off opportunities, jobs & contracts for other businesses. pic.twitter.com/LwDa5o3Ejc

— Leo Varadkar (@LeoVaradkar) May 5, 2023

Very welcome investment by Dexcom in Galway, with hundreds of jobs being created in Athenry.

Further evidence of Ireland’s pro-enterprise model, founded on investment in education, skills, & research capacity over many decades.

Wish Dexcom and its staff every success in future.

— Micheál Martin (@MichealMartinTD) May 5, 2023

Dexcom selects Ireland for its first European manufacturing site in Athenry, Galway. This project represents a €300 million investment over five years with potential to bring up to 1,000 high-skilled jobs to the region. Read more https://t.co/vk82eFPI5X#MedTech #InvestInIreland pic.twitter.com/jenbHca9Ug

— IDA Ireland (@IDAIRELAND) May 5, 2023