Tagged with Puerto Rico

Puerto Rico Ivan Lugo-Montes emphasizes the Puerto Rico Bioscience Cluster (INDUNIV)’s instrumental role in advancing the island’s biosciences industry for over 60 years. Driven by innovation, workforce development, and global competitiveness, the Cluster has achieved significant milestones in advanced manufacturing, pharmaceutical cold chain logistics certification, business promotion, and international partnerships. Key initiatives…

Puerto Rico With lower labour costs than mainland US, but the same regulatory framework and straightforward market access, Puerto Rico has long presented a compelling value proposition for pharmaceutical manufacturing, a sector that accounts for some 30 percent of the island’s GDP.  After bouncing back from bankruptcy, devastating hurricanes and the COVID-19…

Puerto Rico Puerto Rico had to rebuild itself – in many cases quite literally – after the devastation wrought by Hurricane Maria in 2017. However, despite the havoc that Maria brought to the island’s telecommunications, energy and water supply, the jewel in Puerto Rico’s crown – its pharmaceutical industry – remained largely…

Puerto Rico When life sciences companies decide to transfer the production of new drug to Puerto Rico, extend an existing production line, or simply sustain existing operations, they can count on the support of a vast network of service providers with unmatched expertise in quality and regulatory compliance, from premarket approval (PMA)…

Puerto Rico Going into a pharmacy has never been more convenient in the United States and its territories. People living near urban centres need not travel far to find a 24 hour-supermarket-style pharmacy. It is not only about acquiring medication, but about offering everything customers might need, from cheddar cheese to XL…

Puerto Rico In Puerto Rico, approximately 16 percent of the adult population has diabetes, one the highest prevalence in the world, compared to 10 percent in the general US population. As a result, diabetes represents a significant burden to the local healthcare system and population.   To tackle the rise of diabetes,…

Puerto Rico “Medical device manufacturing has a long history on the island, starting with Baxter in the 1950s. Today, 30 world-leading medical device companies are present in Puerto Rico generating 20,000 direct jobs across 70 manufacturing plants producing more than 2,500 different types of devices, including many critically important life-sustaining products such…

Puerto Rico Puerto Rico’s export-driven economy could not exist without someone moving, literally, things from point A to point B. As the US Caribbean territory remains one of the world’s premiere manufacturing hubs, accounting for 22 percent of total US exports of pharmaceutical and medicine manufacturing in 2018, according to the US…

Puerto Rico Celebrating its 45th anniversary in Puerto Rico this year, Medtronic is the largest life sciences company on the island with four manufacturing locations in Juncos, Villalba, Ponce and Humacao, as well as commercial operations. Its manufacturing footprint covers 900,000 sq. feet and employs more than 5,000 employees in total, making…

Puerto Rico Allied Logistics, a leading Puerto Rican provider of transportation services, storage and distribution, is working in pursuit of one vision: to be the dominant supply chain management provider for mid to large size distribution operations in the US’ Caribbean territory. President Alberto Cruz provides insights into the rise and fall…

Puerto Rico Droguería Betances (DB), Puerto Rico’s local leader in distribution of healthcare pharmaceutical prescription drug, products and services, has been teaming up for over ten years with Luis Garratón Inc. (LGI), one of Puerto Rico’s leading distributors and manufacturers representatives, to support community pharmacies to overcome market challenges on the island.…

Puerto Rico Salvador Montes, director of Essentra Packaging in Puerto Rico, explains how the company has positioned itself as the preferred supplier of secondary packaging to the life sciences industry on the island by offering a complete start-to-end solution, from design to manufacturing, as well as by remaining price competitive through productivity…