Elan Corporation announces expansion

Donal Geaney, Chairman and CEO of Elan Corporation,and Jim Botkin, new Vice President and General Manager of the Gainesville Operations, recently announced the expansion of Elan’s biopharmaceutical production facility in Gainesville.

The expansion represents the initial phase of a master plan investment of some $40 million in the Gainesville facility over the next three to five years and will underscore Elan’s commitment to its employees and to the continued growth of its operations in Georgia.

The Gainesville plant employs 180 people – up 40% from year ago levels – and recently passed pre-approval inspection by the FDA to manufacture two new pharmaceutical products at the plant.

Elan Corporation, plc is a leading worldwide biopharmaceutical company headquartered in Ireland. Elan was founded in 1969 and today employs approximately 4,500 people worldwide. Roughly one in four employees are engaged in scientific research and development. The company posted revenues of $1.8 billion in 2001.

Elan Pharmaceutical, 1300 Gould Drive in Gainesville, 770-534-8239.