Lucinda Creighton (Dublin South East, Independent)
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390. To ask the Minister for Jobs, Enterprise and Innovation the total number of meetings he or his officials in the Department of Jobs and Innovation held with ADC Therapeutics since 2011; the total number of meetings the Industrial Development Agency held with ADC Therapeutics since 2011; in he will explain the reason the ADC Therapeutics investment failed and the amount of investment they were seeking from the State; and if he will make a statement on the matter. [45944/13]

Richard Bruton (Dublin North Central, Fine Gael)
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Neither I myself or any of my officials, have held any meetings with this company since 2011.

IDA Ireland did engage with a linked company on several occasions in 2011. Negotiations with potential clients in relation to grant-in-aid are a day to day operational matter for the Agency and I have no function in the matter. For reasons of client confidentiality and commercial sensitivity, IDA cannot disclose any details of those discussions.

It was not possible to offer State assistance in this case.