Welcome to one of the fastest growing life sciences centers in the world.
The world’s most prestigious bioscience companies are opting to cluster their research and development efforts here, at the crossroads of the Caribbean.
From educational programs beginning in the early grades to a fast-track permit process for biotech investors and the development of cutting-edge research facilities, Governor Acevedo-Vilá has made the Lifesciences industry a top priority of his administration.
Puerto Rico is the third leading region in the U.S. for plant biotechnology research, according to the U.S. Department of Agriculture’s Animal and Plant Health Information Service.
The world’s leading biotechnology companies have recognized the Commonwealth’s assets with recent investments totaling more than $3.5 billion:
Amgen - $2 billion Eli Lilly and Company - $ 850 million Abbott Laboratories - $500 million BD Biosciences - $52.9 million In addition, major pharmaceutical and medical device companies have chosen Puerto Rico as an investment destination:
7 OF THE TOP 10 SELLING MEDICAL DEVICES MANUFACTURERS ARE LOCATED IN PUERTO RICO
Puerto Rico is one of the fastest growing medical device manufacturing locations worldwide, with over five billion dollars in shipments of medical devices during calendar year 2006.
Puerto Rico has the highest location quotient of the United States in Biopharmaceutical and Medical Device Employment.*
More than 2,5000 jobs have been created in this sector in the last two years. Puerto Rico has seen investment commitments of over 560 million dollars over the last two years.
Puerto Rico is one of only four jurisdictions considered specialized in three biosciences sub sectors:
- Drugs and Pharmaceuticals
- Medical Devices and Equipments
- Research
