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Full coverage: medtech

The West’s medtech model: Profitable – but potentially precarious

The Western Development Commission is a frequent investor in medtech in the West of Ireland. The Currency examines the depth of those investments and potential risks of over-reliance.

Jonathan Keane
8th May, 2026 - 9 min read

“We stretched out our runway for as long as we could”: Teleatherapy to appoint liquidators

The Cork start-up was building software for speech and language therapists but struggled to turn its pilots with the HSE and the NHS into commercial contracts.

Jonathan Keane
20th Mar, 2026 - 2 min read

Assets of Galway medtech firm Megadale snapped up by US company

Megadale makes equipment for the medtech and life-sciences sectors but a cancelled contract by a major multinational forced the company into liquidation.

Jonathan Keane
12th Mar, 2026 - 2 min read

A billion-euro medtech plant in Athlone is moving into the hands of private equity

US medical device maker Teleflex is carving up its business in a series of deals totalling $2bn with private equity firms acquiring the Irish operations.

Jonathan Keane
17th Dec, 2025 - 2 min read

“There’s been little progress in bringing new medicines to patients who need them”

Aerska raised $21m recently for its RNA therapies tackling diseases like Alzheimer's. Co-founders Jack O’Meara and David Hardwicke talk to The Currency about what’s next.

Jonathan Keane
2nd Dec, 2025 - 5 min read

“Transformative on multiple levels”: Irish medtech Deciphex opens Oxford test lab as it ramps up UK expansion

The start-up, often described as an "Uber for pathology", has just secured a crucial approval to carry out pathological testing in the UK. CEO Donal O'Shea speaks about building out its UK footprint and plans to scale up in the US.

Michael Cogley
4th Nov, 2025 - 5 min read

Raphael Labs developed a Covid nasal spray. Now it’s facing collapse amid legal battles

The company was founded by Oxford researchers and run from Ireland. Attempts to reshore it through an examinership have fallen apart, while a separate UK court case looms large.

Jonathan Keane
11th Sep, 2025 - 4 min read

Presidential hopeful Sheridan’s Nutriband sees continued losses

Gareth Sheridan’s company saw an uptick in revenue over a six-month period but it is still generating high losses and contending with a lawsuit from an investment bank.

Jonathan Keane
10th Sep, 2025 - 2 min read

“Belief in the business didn’t falter”: How HealthBeacon is charting its second act

The company was once valued near €100m but was bought out of examinership for €6.9m. Co-founder Kieran Daly and Rob George of new owner Hamilton Beach explain what’s next.

Jonathan Keane
26th Aug, 2025 - 7 min read

US judge clears pathway for sale of Clanwilliam in the Greg Lindberg saga

A court has approved a scheme to pay restitution of $318m to victims of fraudster Greg Lindberg with funds coming from the sale of the Clanwilliam Group to a private equity firm. Clanwillian had no link to the fraud but it was holding up the deal.

Jonathan Keane
25th Jul, 2025 - 3 min read
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