A biotechnology company founded by Limerick man Kieran Curran has been bought by an US firm for an estimated $150m.
GenCell Biosystems, based in Raheen, Limerick, with offices in the US, was last week acquired by Beckton Dickinson, which trades in th New York Stock Exchange.
GenCell was founded 3 years ago, and currently employs 60 people across Ireland and the US. The company has created a state-of-the-art DNA sequencing technology.
GenCell was supported by Enterprise Ireland and a number of other investors.