Dáil Éireann Debate, Wednesday - 24 February 2021
213. Deputy Rose Conway-Walsh asked the Minister for Finance further to Parliamentary Question No. 146 of 17 February 2021, when payment was given to a company (details supplied); the terms on which payment was provided; and if he will make a statement on the matter. [10250/21]
View answerThe NTMA informs me that ISIF has made an aggregate of €66m investment into Genuity Science, comprised of €5m investment into Genomics Medicine Ireland in October, 2016, which was later acquired by WuxiNextCode, and a €61m investment into WuxiNextCode in November 2018. WuxiNextCode has since been re-named Genuity Science. All investments were made on commercial terms.
