Elan makes €3.17m academic donation to UCD

Pharmaceutical company Elan today announced funding for two scholarships and an annual lecture series at University College Dublin (UCD).

The donation is named in honour of Kieran McGowan, former head of the Industrial Development Authority of Ireland (IDA), Kyran McLaughlin, deputy chairman of Davy Stockbrokers and well-known accountant Laurence Crowley, who is a board member of many Irish companies and organisations.

The UCD McGowan and McLaughlin post-doctoral scholarships and the Laurence Crowley ’Business of Biotechnology’ lecture series are part of Elan’s €3.17m donation to the university, which also establishes a new Elan Chair in the ’Business of Biotechnology’.

The new professor will be a joint appointment between UCD Business School and UCD College of Science.

The appointee will be charged with bolstering the science/technology content of the Business School curriculum and enhancing the business and innovation content of the science curriculum.

He or she will also develop specialised masters programmes and other graduate courses in the business of biotechnology.

“As an Irish-based neuroscience biotechnology company that operates on a global scale, we understand the opportunities and challenges of this business more than most and are delighted in this instance to be in a position to share both financial support and experience with UCD to help create the next generation of biotech leaders out of Ireland,” said Kelly Martin, chief executive officer, Elan.

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