Medical Devices: New Investments Planned

Bayer announced that it plans to expand the operation of its medical device plant and shared service center in Costa Rica in the coming years.

Monday, January 6, 2020

The increase in its presence in Costa Rica is part of the plan to adjust the operation in Central America, the Caribbean and the Andean countries, which the company will implement over the next two years.

You may be interested in "Participants in the Costa Rican pharmaceutical market"

Matias Kremer, Bayer's new director for the region, told Nacion.com that "... In Costa Rica we have a plant for medical devices in which we produce, with 120 people, devices for radiology. But we have plans to greatly expand those operations and it will be announced in the next four months, although we cannot go into detail yet."

Also see "Pharmaceuticals: Regional Purchases Grow 8%"

Kremer added that "... when the company's goals are realized, the number of employees 'could triple'."

According to the director of Bayer, the service center, from which they carry out processes of support to clients in commercial subjects, handling of orders, invoicing and legal processes, is the one that reports greater growth in Costa Rica, since in 2017 they employed 25 people and at the closing of 2019 the number increased to 490.

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More on this topic

Costa Rica: $10 Million for Medical Devices

June 2016

Edwards Lifesciences Corporation has announced it is to build a heart valve production plant in Cartago which will start operating in early 2017.

From a statement issued by the Ministry of Foreign Trade:

The company Edwards Lifesciences Corporation, a global leader in innovations designed to address heart disease and monitor patients in critical condition today announced that it has chosen Costa Rica as the country in which to expand its production network of heart valves, with an investment of $10 million (around ₡5 billion).

Boston Scientific to Expand Costa Rican Operation

November 2009

The medical devices company will close a facility in Florida, U.S., and move it to Costa Rica.

This plant, located in the city of Doral, produces parts for stents used in treatment of heart disease, and employs 1.400 people. Boston Scientific expects to definitively close the facility in 2013.

Moog Medical Invests $3.5 Million in Costa Rica

May 2009

The multinational medical equipment manufacturer will open its plant in November in Coyol, Alajuela.

The site in Coyol, which will employ 200 people, will produce infusion pumps and irrigation pumps for IVs.

Hassel Fallas wrote in La Nacion’s website: "The site in Coyol is the first one that Moog will open outside the US, following the acquisition of Curlin Medical Company in 2006.

Hologic expands their operation sin Costa Rica

November 2008

Hologic expands their operation sin Costa Rica by investing $17.5 million on their new plant to manufacture medical products.

This will generate approximately 150 new jobs in 2009 to come to a total of 550 employees.

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