Zoetis the world’s largest manufacturer of animal medicines and vaccines has bought the former MSD pharmaceutical plant in Rathdrum.
The US-based company operates two other sites in Dublin and Offaly.
In a statement Zoetis said they will gradually phase in operations at the site from later this year.
They say the Rathdrum facility will play a vital role the company’s global manufacturing and supply network.
The company manufactures antibiotics, vaccines and a range of other medicines for cattle, sheep, horses and domestic pets.