How did a scientist with $10,000 build a multi-billion dollar company? How did this private company, with no outside investors, rise to become no. 7 in the world of animal health? What does the future hold for Alltech as it heads for a target of $4 billion in sales?
Listen to the story of Dr. Pearse Lyons, founder and president of Alltech, a global animal health company that employs more than 2,800 people and conducts business in 128 countries throughout the world. Born in Dundalk, he received his bachelor’s degree from University College Dublin, Ireland and obtained his master’s and doctoral degrees at the University of Birmingham, England. He later worked as a biochemist for Irish Distillers before founding Alltech in 1980.
Today Dr. Lyons is widely recognised as an entrepreneur and innovative industry leader in both biotechnology and agriculture. His scientific expertise, combined with an acute business sense, helped revolutionise the animal feed industry through the introduction of yeast-based ingredients to feed. Now, as the company enters its fourth decade of business, its solid base will enable it to extend products, core values and nutritional solutions to an ever-expanding market. At the same time, its commitment to the primacy of science, a commitment responsible for the company’s success, remains steadfast.
Session Chair: Prof. Gerry Boyle, Director, Teagasc
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