Becton Dickinson and Company, or BD as it is known, employs 600 people in Ireland at sites in Dún Laoghaire and Drogheda, and 100 employees already in Limerick.
It is a global company involved in medical technology, diagnostics, medical research and health care management.
A new Research and Development centre of excellence is being established by the company in Limerick as part of a €21 million investment which will drive its international growth.
It will concentrate on product and software development, clinical research instrumentation, and prototype development primarily for its life sciences business.
The company said this will require significant hiring of R&D staff, collaboration with local universities and the development of new technical capabilities.
An extensive renovation of the former Unigolf premises at Plassy technological park at Castletroy in Limerick will be required which will house its current 100 employees in Limerick, and a further 100 workers as a result of today's expansion announcement.
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