– Athlone is a strong office and industrial location due to its proximity along the M4 linking Dublin to Galway
– Many Foreign Direct Investment (FDI) tenants, especially in life sciences, are expanding operations there
– Tenanted by PPD, a leading global contract research organization that provides comprehensive, integrated drug development, laboratory and lifecycle management services
– PDD has over 30,000 professionals worldwide and conducts clinical trials in more than 100 countries
– In April-2021, Thermo Fisher Scientific (Ticker: TMO; Market cap. U$240B; investment-grade credit rating), a global medical technology and sciences company announced the acquisition of PPD for U$17.4 B