Manufacture, sale and distribution of biological medicines
Situation faced:
Acquisition and carve out of a unique biological medicine from a US medical appliance company, Stryker. The Newco had no Finance or administrative personnel as these duties had been carried out by Stryker. All international operations were based out of Limerick, Ireland.
Outcome achieved:
Carved out the International operations from Stryker and started separate operations in Ireland. Set up the finance and administrative function in Limerick, Ireland and Lyon, France. There also arose a needto establish tax-efficient processes to support taking over all product licenses for distribution within the EC and Rest of the World from Stryker and to be completed within an accelerated timeframe.