Why Ireland’s Economy Needs Big Pharma // TRAIN BRAIN

Why Ireland’s Economy Needs Big Pharma

In February, the Irish Fiscal Advisory Council warned about Ireland’s reliance on tax receipts from just three multinational companies - two in tech, and one in pharmaceuticals.
By 2024, those firms already accounted for around 46% of Ireland’s corporation tax revenue. That dependence has caught Washington’s attention. In 2025, Donald Trump accused Ireland of taking advantage of U.S. pharma companies.
So how did Ireland become so reliant on pharma? CNBC Explains producer Gaelle Legrand breaks it down.
Watch the full explainer on the link below.
#CNBC #CNBCExplains #IrelandBigPharma
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