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Departmental Expenditure

Dáil Éireann Debate, Wednesday - 17 February 2021

Wednesday, 17 February 2021

Questions (146)

Rose Conway-Walsh

Question:

146. Deputy Rose Conway-Walsh asked the Minister for Finance the amount of financial support provided by the State to private enterprises engaged in the collection of genetic data in Ireland; if the Government will have free access to this data in the future; and if he will make a statement on the matter. [8301/21]

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Written answers

The National Treasury Management Agency which manages the Ireland Strategic Investment Fund (ISIF) have advised me that in line with its double bottom line mandate ISIF has made an investment of €66m in Genuity Science. ISIF’s investment is aimed at supporting the creation of a precision medicine hub in Ireland with associated economic benefits to the Irish economy. ISIF’s role is that of an investor/shareholder and accordingly ISIF has no role in the strategy or operation of Genuity Science.

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