Sir Allen McClay sets up charitable trust to jointly own Almac

Sir Allen McClay, founder of Northern Ireland-based pharmaceutical services company the Almac Group, has transferred part of his ownership of the company to a new charitable trust, the McClay Foundation.

Sir Allen McClay, founder of Northern Ireland-based pharmaceutical services company the Almac Group, has transferred part of his ownership of the company to a new charitable trust, the McClay Foundation.

Almac will now be jointly owned by Mr McClay, its chairman, and the McClay Foundation. The Foundation has been set up to promote the use of diagnostic tools and drugs...

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