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Chanelle Group appoints new General Manager

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David Kelly who has been appointed General Manager at the Chanelle Group, Loughrea

The Chanelle Group has announced the appointment of David Kelly, as General Manager.

Mr Kelly joins the company from ArraVasc, a medical device company based at Ballybrit where he served as Chief Financial Officer. He previously served as Head of Finance for Chanelle Group from 2006 to 2008 and has held senior financial management positions in Irish, multinational and publicly quoted companies including Boston Scientific, Aryzta plc and Aer Rianta International.

Chanelle Group is Ireland’s largest indigenous manufacturer of generic pharmaceuticals for human and animal health. Employing over 375 people in Ireland, the UK and Jordan, the company recently announced a €70m investment which will double existing manufacturing capacity at its Loughrea headquarters and see significant investment in Research & Development.

Mr Kelly will work closely with Chanelle Group founder Michael Burke to oversee the company’s investment programme and lead Chanelle’s continued expansion in Ireland and overseas markets.

Commenting on David Kelly’s appointment, Michael Burke, founder, Chanelle Group said: “We have ambitious plans for our company over the next five years, growing our team to over 550 people and expanding into new markets.

“Our product pipeline is very strong and with continued investment in R&D we plan to launch 75 new products in both human and veterinary healthcare over the coming years. David’s extensive experience in the healthcare sector as well as his knowledge of Chanelle Group will be invaluable to us as we realise these plans”.

David Kelly said: “This innovation-led company is now exporting to over 80 countries worldwide and is embarking on an expansion programme which will strongly position the company for future growth. Michael Burke has grown the company to its leading position today and I am delighted to work with Michael and the team as we lead the company in its next phase of growth”.

A native of Ballygar, David lives in Castletaylor North, Ardrahan with his wife Audrey and three children.

“Chanelle is a very significant contributor to the local economy in Loughrea and provides valuable employment to people across the West of Ireland. It is important to me, that our local community continues to benefit as we grow the company in the coming years”, he added.

Mr. Kelly holds a first class honours degree in Accounting & Finance, a Masters in Business Studies from Dublin City University and a Postgraduate Diploma in Strategy & Innovation from the Irish Management Institute. He is a Fellow of the Institute of Chartered Accountants in Ireland.

Connacht Tribune

Three in five SMEs invest in workforce

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Almost three in five of Galway’s SMEs are investing time and money into training and upskilling their workforce to get the most out of their technology.

That is according to a new report by MentorsWork, the nationwide business-support programme for SMEs, who are launching their new programme for 2023 which is now open for signups.

The research also found that almost half (49%) of Galway’s SMEs are keeping up to date with emerging best practices in digitalisation and automation to enhance their customer experience and proposition.

Over half (53%) of Galway SMEs also understand the implications of tech threats to their businesses and have a cybersecurity framework relevant to their businesses in place.

Elsewhere, the research found that younger businesses are lacking when it comes to awareness and adoption of emerging technologies and its impact on business performance.

The survey revealed that older businesses as well as those with 50+ employees were most likely to understand the range of emerging technologies and their impact on business and customers. SMEs in the food and drink sector were least likely to be aware of emerging technologies, with the ICT sector ranking itself 17% above average when it came to awareness and adoption.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

€900,000 for great outdoors

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Minister for State at the Department of Transport, Hildegarde Naughton

Government funding of almost €435,250 has been approved for the upgrade of the Western Way Trail – one of four Galway projects to share funding of €929,200 under the Outdoor Recreation Infrastructure Scheme this week.

Local Minister for State at the Department of Transport, Hildegarde Naughton, said this vital investment is needed to ensure that the trail capitalises on the natural and historic beauty of the setting, and would prove extremely popular for visitors on the Wild Atlantic Way.

“This route has proved very popular for local and tourists alike with its natural beauty well-known to most people from the area,” the Galway TD said.

“This investment will result in significant improvements and will ensure that this wonderful facility is made accessible to an even greater number of people,” Minister Naughton noted.

“There has been large growth in the recreational tourism sector, and an increasing number of visitors to Ireland are particularly interested in walking, cycling and exploring natural settings and activities” the Minister said.

The scheme, which finances the development and maintenance of outdoor amenities such as greenways and walking trails, also sees The Walks in Loughrea receive €200,000 to upgrade the present route, with an additional €200,000 allocated to develop the Creggs Mountain walk, an element of the Beara – Breifne & Suck Valley Way.

And the Killarainy Woods trail in Moycullen, is being allocated €103,950 to enhance the route.

“The Outdoor Recreation Infrastructure Scheme contributes to the Governments objective of strengthening rural economies,” said Minister Naughton.

“The objective of the Scheme is to provide funding for the development of new outdoor recreational infrastructure and for the necessary repair, enhancement or promotion of existing outdoor recreation infrastructure in rural Ireland,” added the Minister.

 

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Connacht Tribune

Galway medtech firm awarded €3.6m to develop revolutionary stroke treatment

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Ceroflo co-founder Dr. Paul Bhogal and CEO Chloe Brown.

A Galway medical device company is working with a consortium to help develop disruptive technology in the treatment of stroke – after it was awarded awarded €3.6m in funding.

Ceroflo is partnered on the project with manufacturing firm Advant Medical and the Medical and Engineering Technologies (MET) Centre at Atlantic Technological University (ATU).

Cereflo secured the funding on foot of its development of a revolutionary new type of stent technology that promises to be vastly more effective than existing treatments to treat Intracranial Atherosclerotic Disease (ICAD), a leading cause of stroke.

Up to 50% of strokes are caused by a build-up of plaque in an artery in the brain known as Intra-Cranial Atherosclerotic Disease (ICAD).

Pharmaceutical therapies aimed at reducing the stroke rate are currently deemed the most effective form of treatment for the condition but more than 20% of patients with significant ICAD still suffer recurring stroke within twelve months.

Technological solutions have so far proved sub-optimal, leaving this large population of patients with the ongoing risk of devastating strokes.

The Ceroflo SubMax Stent represents a game-changer in the treatment of ICAD as its shape and structure has been developed to suit the unique challenges of this disease.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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