Over 30 jobs will also be lost at its sister plant in Dublin.
14 jobs are being lost at a pharmaceutical company in Offaly.
Liquidators are being appointed to Sublimity Therapeutics, located in the IDA park in Tullamore, after its US parent company went bankrupt.
Over 30 jobs will also be lost at its sister plant in Dublin.
Laois-Offaly Fianna Fáil TD, Barry Cowen says workers have been informed they will not receive any redundancy or outstanding pay.
He's appealing to the Department of Enterprise and the IDA to step in:
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