Articles
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) submission, design transfer, validation, to…
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 t-shirts. Consolidation continues to…
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, both the public and private…
“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 as glucose monitors, cardiac pacemakers…
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 Bureau of Labor Statistics, the…
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 it the second-largest employer in…
Headquartered in Tampa, Florida, Romark focuses on developing innovative treatments for infectious diseases and the latest newcomer to Puerto Rico. CEO Marc Ayers recounts how he came to the decision to establish the company’s first manufacturing plant of finished products on the US territory. What ultimately made the difference was the calibre of the…
Four top facts you may have missed about Puerto Rico’s medical device manufacturing industry. Fact 1: Medical device manufacturing in Puerto Rico started with Baxter in the 1950s Baxter arrived in 1958 under the name of Travenol and opened its first plant in Carolina, making it the first life science company to establish a…
