Ballymena’s CIGA Healthcare plans to create 10 new jobs

Pictured (L-R): Irwin Armstrong, Founder and CEO, CIGA Healthcare with Neil McCabe, Senior Investment Manager, WhiteRock Capital Partners. ©Press Eye Ltd Northern Ireland Credit - Darren Kidd /Presseye.com

CIGA Healthcare Ltd says it is expanding its operation in the North American market utilising a £500,000 investment from the Growth Loan Fund.

The loan will also support CIGA Healthcare Ltd’s move to larger purpose built premises in the town, allowing it to further its commitment to R&D in the rapid self-test health diagnostics sector and meet a growing demand for its products from worldwide markets.

Finance for the Growth Loan Fund – which provides loans to established Northern Ireland SMEs seeking to access growth finance – has been provided by Invest Northern Ireland and private investor, Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC).

Formed in 2005 by Irwin Armstrong, CIGA Healthcare Ltd currently employs over 20 staff in Northern Ireland and a further 55 sales staff worldwide on a brokerage basis, and is leading developments in the over-the-counter [OTC], professional and veterinary markets.