Norbrook gives £1m for University of Ulster chair
A NI company founded by multi-millionaire Edward Haughey - Lord Ballyedmond - is giving £1m to the University of Ulster.
The money will be used to establish a Chair in Pharmaceutical Science at UU's Coleraine campus.
It will be known as the Norbrook Laboratories Professorship.
UU's Biomedical Sciences Research Institute was recently ranked in the top two in the UK, a spokesman said.
Institute Director Professor Tony Bjourson said: "We are very honoured to have received such a generous donation and that Norbrook Laboratories are supporting the university's activities in biomedical sciences, and, in particular, pharmaceutical science research.
"We are extremely excited about the impact of this important partnership with such a highly successful global company. The donation will directly fund a prestigious Norbrook Chair in Pharmaceutical Science.
"We are now actively seeking to recruit a high-calibre pharmaceutical professor with an established outstanding international track record in research who will further enhance our research team."
Professor James Haughey, Visiting Professor at the University of Ulster, said that the partnership was an important step for pharmaceutical sciences not just in Northern Ireland but globally.
He added: "I am pleased that Norbrook, a company with which I am associated, has agreed to finance the establishment of a chair in pharmacy.
"This area of science is most important for the development of new drugs to support industry within in Northern Ireland as well as internationally."