RTE reports BioMarin is to invest almost €37m (£33m) at its plant at Shanbally in Co Cork.

The bio-pharmaceutical company, which manufactures drugs and therapies to treat rare genetic diseases, which mostly affect children, says the investment is expected to lead to the creation of more than 50 jobs, bringing employment at the plant to over 400.

According to RTE, the firm’s executive vice-president Robert Baffi announced the plans at a meeting with staff at the plant this morning.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is [email protected]