Shorla Pharma named Local Enterprise of the Year at ‘Irish Times’ awards
Shorla Pharma as been named Local Enterprise of the Year at The Irish Times Business Awards at a virtual ceremony on Thursday. The award was sponsored by the national grid operator EirGrid.
The Irish healthcare start-up, founded by Sharon Cunningham and Orlaith Ryan in Clonmel, Co Tipperary, in 2018, is focused on developing oncology drugs with a focus on rare, orphan and paediatric cancers.
The founders met when they worked together at EirGen Pharma, the Waterford company founded by Patsy Carney and Tom Brennan, which was acquired by US drugs firm Opko for $135 million in 2015.
Last year, the company won the overall award at the Ireland’s Best Young Entrepreneur competition and the founders were included on a list of 50 people to watch out for in 2020 by The Irish Times. The group raised $8.3 million (€7.4 million) in June.
Shorla is still in its prelaunch research and development phase, but its first two oncology products have been presented to the US Food and Drug Administration for approval with a third to follow shortly.
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