David Stanton (Cork East, Fine Gael)

When did the Department of Enterprise, Trade and Employment first become aware of problems with Amgen? Were warning bells ringing in the Department or in State agencies when some of the drugs that Amgen had on the market were withdrawn from the US Medicare and Medicaid services in March? Did warning bells sound when the stock plummeted and it clearly ran into financial difficulties? The Minister postponed a sod turning ceremony in April; were the warning bells ringing at that stage? Am I correct in stating there is an advance warning system in the Department? Did that kick in at any stage and, if so, when? If not, why not? The Minister stated that the grants will be repaid; is there a timescale for the repayment of the €4 million advanced by the IDA?

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