Pat Breen, Minister for Trade, Business & Employment and Helen Downes, Shannon Chamber CEO are shown around the facility by John Barron, managing director of Reagecon Diagnostics at the launch of Reagecon’s new product range for Life Sciences, Environmental and Geology markets. Reagecon, based in Shannon, is the world’s largest producer of physical and chemical standards.
Shannon Chamber member,Reagecon, the world’s largest producer of physical and chemical standards, has today announced the launch of a suite of new and innovative products for the life sciences, environmental and geology markets. This brings the total number of products developed by Reagecon’s workforce of 100 people (50 of which are chemists) at its Shannon facility to almost 10,000. Reagecon’s products are used to calibrate scientific instruments across a whole span of different industries that include pharmaceutical, food, environmental, paper production, beverages and niche areas such as petrochemicals and biofuels. Today’s launch will significantly increase its penetration potential into life sciences, environmental measurement and testing and geological testing.
In tandem with the introduction of these new products, and to enable Reagecon more effectively reach its disperse customer base in 175 countries worldwide, the Company has also launched a new innovative eCommerce website (www.reagecon.com).
The delivery of this new range of products has resulted from an acceleration of Research and Development (R&D) activity by the Company, involving an investment of €4,000,000 over the past six years, supported by Enterprise Ireland. The ecommerce launch is the culmination of a significant investment of resources in both website and webshop development.
Speaking at the launch in Shannon, Pat Breen, Minister for Trade, Employment and Business said: “Reagecon is a great indigenous success story. Its progress is attributable to a very significant annual expenditure on Research and Development and the skill, dedication and innovativeness of its workforce. Its products are very complicated to manufacture and test, and are at the top of the value pyramid in the field of science. This is recognised by the worldwide scientific community, which is a tremendous accolade for an indigenous Irish company which has grown from a small start-up in 1990 to the world’s largest producer of physical and chemical standards.”
Reagecon’s founder and managing director, John Barron, speaking in Shannon today, said: “The products being launched today, targeted at the life sciences, environmental and geology markets, give us a significantly greater footprint in several new markets and in particular in the rapidly growing life sciences market. The resources expended on our new eCommerce site recognise the growing importance that we attribute to this form of sales and marketing and reflects our belief that ecommerce will play a major part going forward in the scaling efforts of the company.
“Reagecon’s leadership team believe that our R&D, ecommerce and state-of-the-art manufacturing, all underpinned by innovation across every function within the company, will enable us to maintain our market leading position and enable us to scale at a very rapid rate between now and 2022.
“We believe there are unlimited opportunities for our products; we have the right team of people in place and we look forward to the execution of a very successful and growth orientated strategic plan. We will be making a further public announcement in November, when Minister Heather Humphries will officiate over a major contract signing.”
Shannon Chamber CEO Helen Downes, commenting on this news said:” Having toured the Reagecon facility in Shannon during Minister Breen’s visit, I realised that I was so unaware of the level of business that Reagecon undertakes and the impact of its technological know-how worldwide. To have a world leader in this field in our midst is truly amazing; the skills being deployed by Reagecon serve as an exemplar of the types of areas that STEM graduates can work in.”
Reagecon is the world’s largest producer of Physical and Chemical Standards, with sales in 175 countries worldwide. The company is based in Shannon, Ireland and has a sales office in Shanghai. The company operates from a 64,000 sq.ft. (6,000 sq. m.) state of the art facility, that includes a large suite of Manufacturing, Quality Control and Research and Development laboratories, and employs 100 people, 50 of which are chemists. The company produces almost 10,000 different products.