The IDA's Midwest representative insists that every effort is being made to find an alternative buyer for Roche in Clarecastle.
The group's newly-appointed Business and Relationship manager for the region has been speaking publicly for the first time, since a deal on the sale of the plant to a global pharma services company fell through.
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Production there is now expected to cease, as planned, on a phased basis in the run up to 2019, with the loss of hundreds of jobs.
Speaking at a Shannon Chamber event in Dromoland, Niall O'Callaghan says the IDA faces a number of difficulties in finding a new owner.