Puerto Rico Puerto Rico is home to the manufacturing plants for many of the world’s top pharmaceutical and medical device companies, providing a steady stream of treatments to the neighbouring US market and further afield. Here are four facts about Puerto Rican pharma manufacturing that may surprise you.   Fact 1: Puerto…

Puerto Rico Puerto Rico has long been known for its pharma manufacturing prowess, but multinational companies are increasingly looking to conduct clinical trials there, thanks to strong institutional support, a strong example set by R&D-focused university spin-off companies, and the island’s unique ethnic profile.   The Hispanic population has been historically underrepresented…

Puerto Rico Puerto Rico’s close-knit pharmaceutical sector is aiming to attract new talent to the industry so as to further increase its global competitiveness.   There is a strong, robust ecosystem around the pharmaceutical industry on the island and we are looking to attract the new generation to work in it Wendy…

Puerto Rico GK CMO, a Puerto Rican contract manufacturing organization (CMO) recently inaugurated its manufacturing facility on the island. With the potential to manufacture advanced biologic and biosimilar products, the event could herald the beginning of a new era for Puerto Rican pharma manufacturing and was thus attended by two of the…

Puerto Rico A group of industry experts who attended the Puerto Rico Manufacturers Association Convention this June 2019 have agreed that Puerto Rico should begin to place less importance on the island’s tax advantages for attracting investors. Instead, all industries on the island – especially pharmaceuticals – should focus more on sustainability…

Puerto Rico With more than 50 years of experience in pharmaceutical manufacturing, Puerto Rico is today a manufacturing base for 11 of the world’s 20 largest pharmaceutical and biopharmaceutical companies. However, considering its economic struggles and rising competition both from US states and international manufacturing hubs such as Ireland and Singapore, the…

Puerto Rico At first glance, with only 800 students, Ponce Health Sciences University (PHSU) may seem like just another medical school in Puerto Rico. But upon closer inspection, one realizes that this university is a breeding ground for a new type of doctor altogether, one that is ready to cope with the…

Pharma By square mile, Puerto Rico has more post-secondary institutions than anywhere in the world. This concentration has led to the development of a number of college and university programs which produce world-class talent for the territory’s life sciences industry. From the manufacturing perspective, one of the leading institutes in Puerto…

Pharma Automation and consolidation have affected pharmaceutical companies worldwide, and Puerto Rico is no exception. The island has benefited from the trend towards lower volume, higher value products which often use the smaller plants Puerto Rico offers. Some companies, like Merck, are transforming their sites from pure manufacturing to commercialization. These trends point to…

Pharma Puerto Rico is starting to move towards greater R&D activity. World class research centers in cardiovascular, oncology, and soon molecular science are putting the territory on the global map for pharmaceutical research. But Puerto Rico is starting to move beyond manufacturing and towards greater R&D activity. Puerto Rico’s Cardiovascular and…

Puerto Rico Many of Puerto Rico’s companies, large and small, are exporting. This brings the territory a level of international competitiveness which it might not otherwise obtain. But it also calls for a move from a mindset which asks how the country’s firms can support the success of others to a concern…

Puerto Rico As healthcare costs are on average 40 percent cheaper in Puerto Rico compared to the mainland US, the island offers plenty of opportunities for treating patients, both from the mainland US as well as those from across the Caribbean region.   Many people come to Puerto Rico for complex surgeries,…